Foolproof Ways to Survive Your First Year in Business
by Carrie Hinkel on March 3rd, 2008
It’s often been said that a business’ first year is the hardest. There are issues with money, management, competition and a slew of other pitfalls just waiting to sink a new business. But, don’t get discouraged, being aware of these common stumbling blocks and learning how to avoid them will help you to be better prepared to survive the growing pains of your business’ first year. Insufficient capital – It’s no surprise that this is one of the top reasons new businesses fail. And, for most, this problem could have been prevented by preparing a thorough business plan back when... Read more »