Though many studies have been conducted and articles written attempting to pinpoint why half of new small businesses don't make it past five years, in reality small businesses often fail as a result of several, simultaneous factors. The following are ten root causes of small business failure.
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Adam_Gottlieb submitted the following stories to BizSugar
Why Isn’t My Company Making Money? Top 10 Small Business Mistakes & How to Avoid Them
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4950 days ago
Is The Rising Cost of Commodities Drowning Your Business?: 5 Tips to Stay Afloat
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4957 days ago
As the price of basic commodities including corn, soya beans, wheat, sugar, and precious metals continues to rise, as fuel continues to command well over $100 a barrel, as the U.S. Dollar weakens and inflation starts to rear is hoary head, small businesses are getting squeezed.
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7 Essential Tips to Avoid a Bad Case of Business Blogging Burnout
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4964 days ago
For the past two weeks, I've needed to take an unplanned sabbatical from the Frugal Entrepreneur to focus on my family. While away, I spent some time thinking about the blog and evaluating my progress.
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Knowing When to Walk Away from Ineffective Business Tools & Techniques
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4981 days ago
Made Hot by: bigmoneyweb on April 4, 2011 9:34 pm
In business, being successful is not just about choosing when to seize upon an opportunity; it's not just about knowing how to incorporate the latest and greatest techniques; it's also about realizing when something you're doing isn't working and being able to just let go...
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7 Practical Ways to Save on Gas in Your Small Business
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4987 days ago
Many people know that they can save on fuel costs by not idling their vehicle, staying within the speed limit, and keeping their vehicle conditioned, but there is much more you can do, especially as a business owner, to keep your gas expenses down.
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Perceptions, Biases, & Stereotypes: Accepting Differences in Thinking in Business & Life
Posted by Adam_Gottlieb under Self-DevelopmentFrom http://frugalentrepreneur.com 4993 days ago
Whether or not we like to admit it, we all view the world through the lens of our personal biases and stereotypes. It's an unavoidable fact of human nature. If you accept it and go with it, you'll only gain- both in business and in life.
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Is Your Business Prepared for a Disaster?: A Guide to Small Business Disaster Planning
Posted by Adam_Gottlieb under ManagementFrom http://frugalentrepreneur.com 4994 days ago
Emergencies can and will happen, and often when we least expect them to. If you own a small business, then knowing how to properly prepare for and respond to an unexpected crisis can be the deciding factor between the recovery of your business and it's permanent closure.
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A Lesson from the Devastation in Japan: In Life and Business There Are No Guarantees
Posted by Adam_Gottlieb under StrategyFrom http://frugalentrepreneur.com 5000 days ago
Made Hot by: Monsieur Eraser on March 16, 2011 6:34 pm
The cataclysmic destruction in Japan should serve as a reminder: as much as we think we are in control, we're not. In an instant, life can throw us a strong, hard curve ball, forever altering the way we live or do business.
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The Health Care Headache: 10 Tips to Reduce The Cost of Health Care in a Small Business
Posted by Adam_Gottlieb under Human ResourcesFrom http://frugalentrepreneur.com 5005 days ago
Made Hot by: maplesummit on March 12, 2011 12:06 am
To many small business owners and the self-employed, health care is a costly burden, and over the past few months this expense has only grown. But all is not lost. With some effort it is possible to have usable health coverage while keeping costs to a minimum.
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Are You Charging Too Little? A Step-By-Step Guide to Putting a Price on Your Services
Posted by Adam_Gottlieb under StrategyFrom http://frugalentrepreneur.com 5008 days ago
As a professional going into business for yourself, you will likely face the dilemma of what to charge for your services. Should you chose incorrectly on price, it can cost you a tremendous amount of money and potential clients. These five steps will help you to avoid such a loss.
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