The Top 10 Mistakes People Make when Starting a Business

Posted by d.mckenzie on Thursday, February 7, 2008, a small business website for entrepreneurs and small businesses, published an article today about the Top 10 Mistakes People Make When Starting A Business. Highlighted are 10 common mistakes and how to avoid making them yourself.
If you don’t truly love your business then you won’t be successful. If you read the stories of famous entrepreneurs and how they built their organizations you will find that it all comes down to the root of loving what you are doing.

The most common reason why new businesses shut down is that the owner runs out of money. Cash flow is critical to a startup business. You could be profitable and still have to close your doors because your customers are taking too long to pay you. Cash is king in a startup venture and you need to prepare for it.

Read the full article.

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Derek is our resident IT department. He serves as a developer on the ABC family of websites and tackles the day to day technical issues around the office.

Tags: young entreprenuer

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