I'm studying an MBA at the moment and from what I've read the biggest issue surrounding small business failure is not having a formal business plan when starting out. (and then reviewing it regularly to track actual performance and making adjustments)
Here they've grouped 'Lack of planning" under incompetence but I would say it could address a number of other points.
Here they've grouped 'Lack of planning" under incompetence but I would say it could address a number of other points.