The document discusses 7 factors that can cause businesses to fail if not properly managed. These include: 1) Insufficient capital and lack of financial buffer, 2) Lack of profit focus and not planning for adequate profits, 3) Not having a business plan to stay focused and measure performance, 4) Not knowing the break-even point to make effective pricing decisions, 5) Working in the business rather than on the business by managing it properly, 6) Not having adequate operating systems in place, and 7) Poor cash flow management and not differentiating between profits and cash flow. The document stresses the importance of being in control of these 7 factors to avoid becoming a business statistic.