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Causes of failure of new firms in the market
Nestrašil, Boris ; Kešner, Martin (advisor) ; Křížek, Miroslav (referee)
The goal of the Bachelor's Thesis is to find the most frequent causes of failure of new firms in the market during the forst three years. Partial goals are to define the external and internal causes and find characteristics of entrepreneurs, which leads to the failure of the business. Thesis is beneficial for beginning entrepreneurs. They acquaint with factors, which are good to be avoided. The Thesis is based on a research among entrepreneurs, who worked in the Czech market and were forced to stop their activities. The thesis shows the most frequent causes of failure of new firms that cause entrepreneurs or managers. Shows causes of failure of new firms that are caused by external factors and that are not in the competence of executives. The main causes are inadequate planning, poor cash flow, failure of determination of final costumer and competition.

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