Employees leaving
Slow to pay vendors
Negative retained earnings
Sales tax liabilities
Too much inventory
No new clients
Undercapitalized
Inadequate infrastructure
Lack of business strategy
Weak skills or training
Unmotivated staff
No pipeline for new business
Distracting company politics
Stagnant product lines/ services
Business plan no longer valid
Lacking time for personal life
Short an heir apparent
No way to cash out
Need relief from key duties
Ready to retire
Equity tied up
Confused about selling company
Possible merger
Anxious employees