Justin Opened a Physical Therapy Business in a New Location

Justin opened a physical therapy business in a new location and hired two key therapists well known in the area.Recently, the therapists informed Justin that they are starting their own physical therapy clinic and have been talking with all the referring physicians, telling them of their plan.Which top reason for startup failures was represented in this scenario?

A) bad location
B) no market need
C) get outcompeted
D) not the right team

Correct Answer:

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