Of course, nobody plans to fail; the motive of every individual delving into any business venture is to attain success – a resounding one.

But interestingly, in the end, some businesses will succeed while others will fail (in fact, according to the United States Small Business Administration, 50% of small businesses fail within the first five years). What factors do you think are responsible for this difference in fate?

Well, only one major factor makes all the difference. And that’s how you position your business. Perfect, strategic positioning leads to success while a bad positioning lead to failure.





Comments


Written by AngelBiz
2689 days ago

Valentine - Interesting topic of discussion. I like the first and last points in the post. For small business owners cash is king and if you do not watch your cash flow carefully you may find yourself in heap of trouble really quickly.

Also, making small business successful is a long-term endeavor. If you are not ready to tough it out for extended period you are not going to be successful.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!