● Overestimating
Many entrepreneurs overestimate their initial success and this can result in
failure and/or major challenge.
● Unforeseen challenges and expenses
○ Unexpected law-suits
○ Not being able to make payroll
○ Unpaid bills and taxes
○ Unexpected resignation of staff from sensitive office
○ Bad debts from customers
○ Loss of market share
○ Dwindling working capital
○ Inadequate stock or inventory