Doing some research today on Small Businesses and some interesting links…
http://www.usatoday.com/money/smallbusiness/columnist/abrams/2004-05-06-success_x.htm
“The lesson? To greatly increase your chance of success, find out as much as you can BEFORE you open your doors. Talk to people who run their own businesses, especially businesses similar to yours, and get a realistic understanding of the time, financial, and emotional resources necessary. Keep your eyes open — not to the possibility of failure, but to the very real demands of running your own business.”
Business Starts and Stops:
https://www.nfib.com/object/2752733.html
Small Business Problems and Priorities:
http://www.nfib.com/object/IO_16191.html
Lessons from Katrina.. http://www.nfib.com/object/IO_25515.html
Top 10 Reasons Why Small Businesses Fail | Starting a Business > Business Plans:
http://www.allbusiness.com/articles/startingbusiness/1440-25-1822.html
Procrastination
Ignoring the Competition (and I would argue it’s not your fellow SBS consultant)
Sloppy or ineffective marketing
Ignoring customers’ needs
Incompetent employees
Lack of versatility
Poor location
Cash flow problems
A closed mind
Inadequate planning
Just some links for thought…..
