Tag Archives: Plan

Failing to Plan is a Plan for Failure

Looking at figures released by the US Small Business Association in 2011, it is interesting to note that according to its surveys, 30% of small businesses will not survive their first two years in business. Even more alarming is that only 50% will make it past the five-year mark! These statistics look much better than other (unsubstantiated) ones that have been circulating in recent years, but it is still disturbingly high.

The main reasons cited for failure include:…

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