Nearly half of all small businesses fail within the first two years of operation. The number one reason for business failure is inadequate planning. The second reason is under-capitalization.
So before you mortgage your house, or go into debt financing your business, you need to know if your business is going to do more than survive — you want to know if it’s good enough to thrive!
Here are three things successful businesses that have stayed in business for five years or longer have in common:
Number One Reason Businesses Fail, Top Three Reasons Businesses Succeed
Posted by
wiseupcoach under Startups
From http://wiseupcoach.tumblr.com 4121 days ago
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