There are a number of reasons why a startup business can fail. You can decrease the chances of your startup business failing if you know what those reasons are and what to do to avoid them. The infographic above explains Startup Failure by Industry & the Major Causes of Failure.
LenCred can help. LenCred specializes in helping startup business owners obtain up to $50,000 or more in unsecured business lines of credit. The unsecured business lines of credit can be used to pay for any business expense. To qualify, you will need a well-established personal credit history. If you think you qualify and are interested in getting startup business funding in the next 30 days, contact LenCred to get started.