Why Do Small Businesses Fail?Maybe you think it's lack of money...that may have something to do with it. But, no. Is it because the competition is so fierce? Is it because of the economy? Is it because Quickbooks is such a chore to use (no, it's really not, just for the record)? No. No. No.Before you run to the U.S. Small Business Association or other statistical entity, let me level with you on this stat: roughly 80% of statistics are made up on the spot...That being said, my gut instinct and life experience tells me that 95% of businesses fail for this one reason - even if I did just consult my life experience and intuition to arrive at the statistic!Most businesses--given my experience in the field of entrepreneurship--fail because the owners think they're good at what they do. They think they're the best, or darn close: painter, accountant, financial consultant, SEO engineer, or what have you--and then they pick up their tools and make a stab at getting their name out there and actually land some work. Maybe life's good for a short while as the business apparently booms. Some never even get that much out of their venture before drowning in a quagmire of debt. Without getting too technical and chasing down every possible rabbit trail--just why do small businesses fail?Well, they all start out with the notion that they're the expert in their field, in their home town or other fishin' hole, and pound pavement to land