There are many reasons why businesses fail in their 2 years or shut down permanently, and one of the main reasons why some businesses fail is because of their business plans because if they don’t outline their goals and what they need to do every day to gain customers and have products that people want to buy and come back for more, they won’t gain interest. If you open a business next to a slow street, you won’t get any clients because there isn’t anything around to draw people in or inform them about it. Bad location, internet presence, and marketing.Because advertising your product and social media give you the greater benefit of people knowing about it and coming to buy it, having a location on the internet and your social media power can be just as significant as having a real location in a market facility. Another reason businesses fail is that they expand too quickly and realize they won’t have to work as hard as they did when they first started, which is incorrect since when you have a business, you must treat expansion as if you’re starting all over again so you may expand worldwide. Toys r Us was a powerful corporation that went bankrupt because as soon as they began to expand, they stop working hard to generate more interest and coming out with new toys that children wanted to play with. Another argument is that children are more interested in video games and watching YouTube videos than playing with toys, and as a result, parents have stopped buying toys for their children and instead purchased tablets for them to play with, causing Toys R Us to go bankrupt. When Toys “R” Us went bankrupt, they began working with other businesses to avoid going out of business.So these businesses began to take advantage of Toys “R” Us because they were going bankrupt, and these businesses became more interested in putting Toys “R” Us out of business.