There is no sure thing in business, and a lot of things could go wrong. It is important for entrepreneurs to be aware of the common pitfalls in business and take extra precautions. Here are some common mistakes that entrepreneurs make: Insufficient Market The leading cause of the collapse of a small business is its failure to determine early on if the market is … [Read more...] about Four Common Mistakes of Business Start-Ups
Archives for August 2012
10 Tips on Choosing Your Home Business
You have decided that you want your own business for a variety of reasons: maybe you want to be financially independent, or be your own boss, work at your own time, and maybe, just maybe, retire as a multi-millionaire at the age of 35! But do you know what business you should start? Selecting the right kind of business is a difficult process for any starting … [Read more...] about 10 Tips on Choosing Your Home Business
How to Develop a Plan of Action
How often do you hear or read the question "what's the secret to succeeding in business"? I don't know about yourself but I read it each day and hear it almost as often. As if there is a so-called secret! If it was a secret no one would know about it! If no one knew about it then nobody would be successful. There are many reasons why most businesses fail and only a small … [Read more...] about How to Develop a Plan of Action
How to Increase Cash Flow of Your Small Business
Poor financial management is one of the major causes of the failure of small businesses. Many small firms go out of business because of inadequate working capital and poor cash flow management. Why is Good Cash Flow Management Important? Cash flow is the lifeblood of small businesses. Cash comes from sales, collections of account receivables, and the sale of assets. On the … [Read more...] about How to Increase Cash Flow of Your Small Business
Eleven Ways to Survive in MLM or Network Marketing
Thousands of people join MLM programs, otherwise known as multi-level marketing based business, everyday. The purpose of this guide is to provide a step-by-step procedure for starting, operating an MLM ... without making serious mistakes along the way. This guide will show you a quick and easy way to succeed in your network marketing business, while giving you some tips and … [Read more...] about Eleven Ways to Survive in MLM or Network Marketing