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