Business neglect is the failure to properly manage and maintain a business, which can lead to a decline in performance and profitability. There are many causes of business neglect, including absentee ownership, lack of management expertise, and financial problems.
Avoiding business neglect is essential for the success of any business. By taking the necessary steps to properly manage and maintain your business, you can help to ensure its long-term success. Some of the most important things you can do to avoid business neglect include: