10 reasons small businesses fail (and how to avoid them)
Businesses often fail for reasons that could have been avoided.
5 min read
Jan 07, 2025
Marlese Lessing
Writer, Small business loans
EXPERTISE
- Small business loans
- Personal finance
- Budgeting
EDUCATION
- Bachelor of Science, University of Connecticut
Marlese Lessing has been a writer for Bankrate since 2022. She has written content for a variety of verticals, including technology, networking and security. She brings a love of business finance and storytelling to her content creation expertise, alongside a background in B2B writing.
When she’s not writing about small business loans for Bankrate’s partners, Marlese enjoys hiking, playing Dungeons and Dragons, writing creative fiction and needlework.
Marlese earned her bachelor’s degree in animal science and journalism from the University of Connecticut.
Marlese's latest articles
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How to support small businesses after a disaster
Disasters such as floods, storms, accidents and health issues can easily wipe out years of hard work for small business owners and their families. Extreme weather events are happening with increased frequency [...]
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Small businesses in North Carolina are still struggling to recover after the storm.
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Shopping small comes with its perks – some of which surprised me.
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How the Federal Reserve affects business loans
The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
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What is the Beneficial Ownership Information report?
Failing to file before Jan. 1, 2025 can result in penalties and fines.
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Here’s what the Trump presidency means for small businesses
Tariffs, deportations and tax cuts are just a few of the things Trump has in store.
10 min read Dec 04, 2024 -
7 money moves businesses should make before the end of the year
Here’s how to make the new year a success for your business.
5 min read Dec 02, 2024