YoungEntrepreneur.com, a small business website for entrepreneurs and small businesses, published an article today about the
Top 10 Mistakes People Make When Starting A Business. Highlighted are 10 common mistakes and how to avoid making them yourself.
If you don’t truly love your business then you won’t be successful. If
you read the stories of famous entrepreneurs and how they built their
organizations you will find that it all comes down to the root of
loving what you are doing.
The most common reason why new businesses shut down is that the owner
runs out of money. Cash flow is critical to a startup business. You
could be profitable and still have to close your doors because your
customers are taking too long to pay you. Cash is king in a startup
venture and you need to prepare for it.
Read the full article.
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