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Why some businesses fail (new start ups face bigger risks (poor planning,…

- - - - Operate business in smaller units
      - Use latest IT equipment and telecommunications
    - - Expand more slowly - use profits from slowly expanding business to pay for further growth
      - Ensure sufficient long term finance available
    - - Operate business in small units - a form of decentralisation
    - - ntroduce different style management requires good communication with workforce - they’ll need to understand reasons for the change