Page 5 - Start UpThe new business support programme

So what are the reasons…

The 3 frequently top cited reasons for failure are:

1. The UK tax system – it’s a minefield full of complexity and

traps for the unwary.

2. A lack of bank lending – without the right funding you soon

run out of cash.

3. The cost of running a business – most start ups

underestimate working capital needs.