10 Mistakes to avoid small business failure

62 million small business accounting for 54% revenue in the United States and Small business survival rates in the first 10 years is estimated at 35%.

The 10  major mistakes a small business owner can avoid 

Failure_small_buss

  • Starting your small business without a Plan
  • Not  having enough budget for slow business or no customer base
  • Taking more customers than can handle
  • Setting prices to low
  • Giving away your product/ service even before  your prospect turned into customer
  • Not knowing your niche
  • Not having a marketing plan
  • Spending to much on outsourcing
  • Don’t have an automated process
  • Don’t have a backup plan

Here are some tools you can use for  your small business:

Palo Alto Software’s award winning planning software will help make your business successful.Learn about Incorporating your business
Get QuickBooks by Intuit for your bookkeeping needs.
ConstantContact for your contacts.
Get PayPal for your business!
AutoPilot for your auto-responders.

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