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Business, 19.10.2021 14:00 Justus4215

Leon starts a business using the savings from his previous job. He plans to run his business on the revenue generated from sales. However, after a few months, he finds it difficult to pay his staff, rent, and other expenses. Seasonal sales and inability to secure sufficient credit from local banks make it difficult for Leon to operate the business normally. Which cause of small-business failure does this scenario best illustrate

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Leon starts a business using the savings from his previous job. He plans to run his business on the...
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