Which of the following is a common reason for small businesses to fail due to financial inadequacy? a. economic recession b. cash-flow problems c. higher interest rates d. lack of experience in managing business operations

The most common reason for small businesses to fail due to financial inadequacy is: **b. cash-flow problems** While all the options can contribute to a business's struggles, cash-flow issues are often cited as a primary reason for failure, as they directly affect the ability to meet day-to-day operational expenses.