6 years ago
Why Do So Many Small Businesses Fail?
Failure is undoubtedly one of the harshest realities of the business world and while many would like to believe that hard work and dedication are all you need to achieve success, the painful truth is that approximately 50% of small businesses will fail...
Failure is undoubtedly one of the harshest realities of the business world and while many would like to believe that hard work and dedication are all you need to achieve success, the painful truth is that approximately 50% of small businesses will fail within their first two years. So, given these staggering odds, what can you as a small business owner do to avoid becoming a statistic? In episode #103, Elizabeth Larkin and Gene Marks discuss the main reasons that so many businesses fail and how you can avoid these common mistakes.