A Limited Liability Company (LLC) offers business owners protection by limiting their financial risk to the amount invested in the company, separating personal assets from business liabilities. This structure encourages entrepreneurship and investment by reducing personal exposure to business debts.

In Singapore, having at least one shareholder is a legal requirement when incorporating a company, ensuring clear ownership and limited liability protection. This structure enables businesses to raise capital, establish governance, and operate with financial security.

Understanding why businesses fail is essential for entrepreneurs seeking long-term success. This article explores key internal and external causes of business failure and highlights early warning signs to watch for.