Fremont: There is several evidence that the world is under the shadow of recession; the entrepreneurs do not have any chance to make mistakes. If so done, it might cost them their blood and soul, i.e., their company. So there is no chance or very few chances for them to make mistakes. Below mentioned are few of the mistakes that entrepreneurs usually tend to make and which should be avoided during recession.
Chucking the Best The main goal behind starting an organization is to be profitable throughout the year. However during recession, your organization is not just the one whose profit dwindles and as a result, many organizations chuck their best employees out just to save few dollars. Losing a talented employee may further weaken your business and may become incapable of competition.
To read the full, original article click on this link: Mistakes that Entrepreneurs Make during Recession
