God wants you blessed. There's no question about it.

So, today we're completing our reprint of "The Basics of Business Success." Learn how to prosper by effectively managing your business:

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And now that you know the seven essentials of business success and the identifiable factors involved in helping your company succeed, let me share the top reasons for business failure. Thousands of companies were studied to determine the reasons businesses fail. Here they are, in order of their importance:

• Lack of managerial ability or experience. An entrepreneur doesn't know or understand the important skills it takes to run a business.
• Indecisiveness. An entrepreneur is unable to make key decisions in the face of difficulties, or decisions are delayed or improperly made because of concern for the opinions or feelings of other people.
• Bad human relations. Personal problems and conflict with staff, suppliers, creditors and customers can easily lead to business failure.
• Diffusion of effort. An entrepreneur tries to do too many things, thus failing to set priorities and focus on high-value tasks.

Business success isn't a mystery waiting to be solved. It's an attainable goal, if you simply avoid the reasons for business failure and continually focus on improving the areas that are responsible for business success.

Source: The Basics of Business, by Brian Tracy - Entrepreneur.com

Brian Tracy is the "Success Secrets" coach at Entrepreneur.com and is one of America's leading authorities on entrepreneurial development. He's produced more than 300 audio and video learning programs covering the entire spectrum of human and corporate performance.