Mr. Samir initiated a business by obtaining a loan from the bank. He did not calculate the required amount to start a business correctly and soon run short of cash. His expectations of monthly sales were also not met. As a result, he faced problems in paying employees' salaries, and utility bills. Due to this situation, he had to close the business after few months. What is the reason for the failure of his business?

a.

Poor cash management

b.

Poor customer service

c.

Poor business idea

d.

Poor sales