According to the survey carried out among start-up owners, the main reasons why their businesses did not work out was a lack of financing, with nearly **** of the start-ups giving this as the main reason for their business failure. Moreover, the COVID-19 pandemic played a role in one third of business failures. There is rarely one reason behind a company going bankrupt, it is rather a mixture of several issues, as reflected in the many reasons stated by the respondents.
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Skynova. (January 20, 2023). Main reasons for business failure among start-ups worldwide in 2022 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 19, 2026, from /statistics/1271464/start-up-failure-reasons/
Skynova. "Main reasons for business failure among start-ups worldwide in 2022." Chart. January 20, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 19, 2026. /statistics/1271464/start-up-failure-reasons/
Skynova. (2023). Main reasons for business failure among start-ups worldwide in 2022. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 19, 2026. /statistics/1271464/start-up-failure-reasons/
Skynova. "Main Reasons for Business Failure among Start-ups Worldwide in 2022." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 20 Jan 2023, /statistics/1271464/start-up-failure-reasons/
Skynova, Main reasons for business failure among start-ups worldwide in 2022 ÌÇÐÄÆƽâ°æ, /statistics/1271464/start-up-failure-reasons/ (last visited July 19, 2026)
Main reasons for business failure among start-ups worldwide in 2022 [Graph], Skynova, January 20, 2023. [Online]. Available: /statistics/1271464/start-up-failure-reasons/
