PROGRAM G - OVERCOMING THE 35 MAJOR CAUSES OF BUSINESS FAILURE

Duration: 3 Wednesdays

Areas to be discussed include

1. Management by anger

2. Partial trust of employee report

3. Management by occurance

4. Employment based on tribal orientation

5. Poor appraisal of loans

6. Poor redundancy management

7. Overtrusting the accountant

8. Improper expansion timing

9. Poor application of loans

10. Over reliance on one bank etc

11. Poor succession planning

12. Neglecting the impact of information technology on our time etc 

13. Flamboyant lifestyle of directors

14. Pride and arrogance against authorities

15. Tax evasion

16. Fraudulent and shady seals

17. Political interference

18. Immoral sexual orientation with workers

19. Delegating crucial roles to in-laws etc

20. Beware of the praises of women as they call you to chair social program

21. When the welfare of individual core workers are flouted upon

22. When core customers are treated with contempt

23. Poor workforce planning

24. Monotonous products e.g. a restaurant

25. Quick profit mentality

26. Poor citing or location

27. Inadequate knowledge of the chosen business

28. Inadequate initial capital

29. Dangers and traps of scammers

30. Poorly documented business deeds

31. Invisible management hands of spouses of Directors

32. Ostentatious lifestyles of directors

33. Financing family expenses from company account

34. Lack of attention to corporate espionage (beautiful ladies as trap)

35. Starting too big initially

By the end of the program participants will know all the major causes of business failure to prevent to be able to manage their businesses effectively and not to create lasting wealth for their themselves

Participants should get copies of the following story books available on Amazon to learn some basic lessons from.

1. Scammers on Rampage
2. Messanger of doom