Starting a business always makes for a good story. However, not all of these stories have happy endings. About half of small businesses close their doors in five years or less. The reasons for this vary, but a major factor is lack of planning. If you are going to start a business, it’s important to […]
Tag: Startup
5 Common Business Pitfalls and How to Avoid Them
If you’re an aspiring entrepreneur, you’ve been told dozens of times that most startups fail within the first five years. But, no one has told you why. At least one of these reasons is the main culprit behind the demise of every failed startup. Luckily, all of them are preventable. Small businesses are vulnerable. Whether […]