Why do so many small business fail and how can you make sure yours doesn’t? The Entrepreneurs Forum suggests there are 7 main reasons why 90% don’t succeed.
1. Money is the sole motivator rather than passion or enjoyment.
2. Inexperienced/poor management.
3. Lack of capital.
4. Not ideally located.
5. Insufficient planning.
6. Over expansion.
7. Unprofessional website/online presence.
So how can your small business avoid these mistakes? Watch the video below to find out.