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The six biggest mistakes made by new businesses

September 2, 2014 By BMN

It’s a confronting fact that most new small businesses fail within the first five years. This, in large part, is due to a lack of proper planning, poor business structure and the absence of professional business advice.

While it’s natural for new businesses to focus on creating a quality range of products or services in order to attract and retain a customer base, not giving enough attention to business planning and operational systems is the fastest route to failure.

But don’t despair. Here are the most common new-business mistakes you should avoid when setting up shop… Read more …

This article was suggested by our mentor Bob Joubert

Filed Under: Small Business News & Tips

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