Starting a business is hard. Some estimate that as many as 50% of small businesses don’t make it past the five-year mark. Why? Maybe their owners made one of these mistakes. Here are ten mistakes small business fall prey to.
Changes? What Changes?
Get an Attitude Adjustment
A little good attitude goes a long way in business. The real bosses are your clients. You may feel like a big shot, but don’t let it devolve into a superiority complex attitude with clients or employees.
Splurging on Yourself
Once you start to see some profits in your company, it’s tempting to blow some dough on a vacation to Ibiza or a vehicle upgrade. Hold your horses. Successful businesses grow with cash so be careful to put the money back in so you can keep getting money out of your business.
Looking to start a business? These mistakes can be avoided especially with a proven process such as buying a franchise and being matched to the right one that fits your business personality! Request your free copy of Roadmap to Success today!