I agree that poor cash flow management is really a factor on why certain business fails because it needs a big budget or capital in order to finance the business for a long period of time otherwise it would be very difficult to succeed.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
You are so right, there are many reasons why a business failed. If the owner failed to plan and implemented fully the plan. If the business owner is extravagant and spends the money from profit, there is a possibility that sooner or later the capital disappear like smoke.As I used to say it can actually fail for diverse reasons which can be poor cash flow management as you have mentioned to even losing the capital of the business