| No. | Contributing Factors | ANALYSIS SEGMENTS—Ranking of Contributing Factors from Highest to Lowest | |||||||
| General | Business Student | Business Person | Male | Female | 50 yrs Above | 31 yrs - 49 yrs | 18 yrs - 30 yrs | ||
| 1 | Poor business planning | 1st | 1st | 1st | 1st | 1st | 1st | 1st | 1st |
| 2 | Lack of entrepreneurial skills | 4th | 4th | 5th | 4th | 2nd | 4th | 4th | 4th |
| 3 | Lack of customer relations | 5th | 5th | 4th | 5th | 4th | 5th | 5th | 5th |
| 4 | Management Incompetence | 3rd | 3rd | 3rd | 3rd | 3rd | 3rd | 3rd | 3rd |
| 5 | Inadequate financing | 2nd | 2nd | 2nd | 2nd | 2nd | 2nd | 2nd | |
| 6 | Inappropriate business location | 5th | |||||||