Do you want to know the *real* reason why the majority of small businesses won't make it past five years?



Comments


Written by AngelBiz
1148 days ago

In my mind one of the primary reasons for small business failure is because the owners try to do everything without focusing on what they are good at and trying to find the target customers that fit your business model and products. They will end up throwing their marketing money without having a focused product list and target customers.



Written by Adam_Gottlieb
1148 days ago

Lack of focus is definitely a big problem... You do need to primarily focus on what you are good at- especially these days given all the competing noise out there, and you need to have a laser-like focus on your target market. Otherwise, you're right, you'll be throwing away those marketing dollars.



Log in to comment or register here.

This Could Be One of the Most Underestimated Employee Benefits

What's more important than salaries at your small business? Small business owners and entrepreneurs sometimes believe they …
Subscribe

Dhiraj Das @linktons Brings Passion to the Web

The story of how Dhiraj Das brought Linktons.com to the Web is a reminder of how important passion becomes when … More
Editor's Picks

Did you know you can now post video on BizSugar?
Have you tried BizSugar's new video posting feature?
Post your small business video to BizSugar today!
It's time to up your game with video on BizSugar!