Which of the following is a common reason for small businesses to fail due to financial inadequacy? a. ineffective staffing b. insufficient first capitalisation c. ineffective marketing strategies d. lack of desirability for the pr

b. insufficient first capitalisation Insufficient initial capitalization can often lead to cash flow problems and hinder a small business's ability to cover operating expenses, invest in growth, and manage unforeseen challenges, contributing to its failure. Update (2024-11-07): b. insufficient first capitalisation Insufficient initial capitalization is a common reason for small businesses to fail due to financial inadequacy, as it can limit the resources available for operations, marketing, and other critical areas needed for growth and sustainability.