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Costly Mistakes Many Small Business Owners Continue to Make

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Costly Mistakes

  IMAGE SOURCE:  Unsplash So many small business owners do make and continue to make certain mistakes that affects their businesses badly. Statistics have shown that about 70% of small businesses die within or before 10years, some don’t even get to that. But why is that? Answer: Costly mistakes! These mistakes can lead to improper management, frustrations and business failures. The following reason would reveal to you why some businesses crashed down and how to take precautions not to follow suit. Poor Business Name Ideas Just like I said in one of my previous posts that your business name is as important as the business itself. Just like I was approached by someone sometimes ago about a business idea and I ask him what the business was all about. He told me the business was … [Read more...]

Filed Under: Business Tips Tagged With: business setup, small business

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