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Many successful entrepreneurs cite their failures as pivotal moments that shaped their eventual achievements. Learning from failure, adapting strategies, and maintaining perseverance are essential traits in navigating the challenges of managing a small business and achieving long-term success.

Blog

The fortune of failure

Failure is a very difficult concept to come to terms with; if we fail then what good can we possibly have done?

Advice

To err is human, to forgive is not always organisational policy!

Here, David Cliff, managing director of Gedanken, explains why businesses should embrace and learn from failure.

Advice

Failure is an option – and part of a business’ evolution

Here, Jan Chmiel, managing director of Vistage International (UK), explores why we fear failure and how we can overcome that fear in business.

Business management

Why there is fortune in business failure

Here's why small business failure can be a blessing in disguise for those running a company.

Advice

Six prime reasons why your small enterprise is bound to fail

What could be the real reason behind the failure of SMEs in their early stages of growth? Here, we investigate.

Advice

How failure is success in the making for your small business

Here, Javier Cámara discusses the steps to take to ensure your small business can be the one in ten that succeeds.

News

Business failure: Four in ten small companies don’t make it five years

Small business survival rates are as high as 91 per cent after one year of trading, but after five years just four in ten small businesses will still be trading, research finds.

Business management

5 reasons why businesses fail

Businesses fail for many reasons but here are five of the most common – and avoidable, as Adam Turnbull of BusinessesForSale.com explains.

Business management

Fail again, fail better: How to bring a business back from the brink

Here, Henry Oakes looks at how to work through failure as a small business and come out intact.

Advice

Five common business failures and how they can be avoided

Kevin Hughes reveals the big mistakes made by companies and discusses how not to make them yourself.

Advice

Why failing is not necessarily a problem for a small business

Elizabetta Camilleri discusses a key mistake she made in her business SalesGossip, and how learning from it made the company stronger.

News

Failure rates for UK business

Courier and haulage companies are the most likely to fail in the UK and restaurants and bars are three times more likely to go bust than other UK businesses, reveals research by accountancy group UHY Hacker Young.

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