dlpb10h 00.Ch06.02m Many small businesses fall simply because the owners are unprepared to manage a growing business. a. True b. False

## Step 1<br />The problem statement is a statement about the reasons why many small businesses fail. The statement suggests that the primary reason for the failure of small businesses is the lack of preparation of the owners to manage a growing business.<br />## Step 2<br />This statement is a general observation about the business world. It is widely accepted that many small businesses do indeed fail due to the lack of preparation of the owners. This lack of preparation can manifest in various ways, such as poor financial management, lack of understanding of the market, or inability to adapt to changes in the business environment.<br />## Step 3<br />Given the general acceptance of this statement in the business world, the answer to this problem is 'True'.