Question

After working for a large firm for several​ years, tyler started his own landscaping design business.​ however, he soon ran out of money and was forced to close the business because he​ couldn't pay the expenses of the firm along with his personal expenses. based on this​ information, what is the likely reason for​ tyler's business​ failure

Answer 1

Due to inadequate financial planning and backing, Tyler's business was unable to cover it's various operating costs. Too few years of experience working in the field likely led to his inadequate knowledge of operation costs and thus the failure of his firm.