The Reasons and Symptoms of Failure in SME‪.‬

Abstract In analyzing the sources and processes of failure, one can sec a certain pattern. Namely, management docs not notice the critical situation in time, which due to delayed or incompetently carried out repair actions, ends in company collapse. Development thresholds arc occurring in the process of the growth and development of the company. They are often tied with crisis in the company. Their occurrence is preceded with symptoms of future crises in many cases. The analysis and understanding of these symptoms by entrepreneurs may help reduce the number of crises in companies of the SME sector and unintentional economic failure. Keywords SMEs * Business failure * Reasons of failure * Symptoms of failure