Ever wondered why small businesses fail?
Do you know someone whose business has failed?
30% of new businesses fail during the first 2 years of operation; 50% during the first 5 years and 66% during the first 10 years – Small Business Association.
Many startups have failed in the past, while many have succeeded and will still succeed.
Having the knowledge of what the most common mistakes made by previous entrepreneurs are, will help you navigate your way to success.
Knowing and taking advantage of the information available and learning everything you can about why these businesses fail and what you can do to avoid these mistakes can make a huge difference.
Lack of a solid business plan can set you up for failure if you are not careful.
You need to be able to create something fits well into the market and solves a problem that is being ignored.
Why Do Small Businesses Fail is a book written to guide you on the major pitfalls you should avoid if you are planning to start your own enterprise.
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