Read the following article and focus on the first five reasons given on why businesses fail.
Starting a Business: Top 7 Reasons Why Small Businesses Fail
Sunday, August 15, 2010
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About Me
- Anthony J. Avallone
- Professor of Management at Berkeley College, teaching Online.
1 comment:
The article stated key reasons as to why small businesses fail within the first two years. Business owners should carefully review these reasons and analyze their standpoint based on the given information. Having a detailed business plan is number one in my opinion. One must be sure of all the possibilities of problems, solutions, advantages and all other necessary details. And as far the website is concerned the 2004 data is trivial compared to the latest internet usage and sales figures. I can’t emphasize enough the importance of online presence.
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