With over 50% of the working population working in a small business, according to U.S. government statistics, entrepreneurs are a vital part of the economy. They provide new millions of new jobs and put money back into the community. But not all of these entrepreneurs are successful.
Many entrepreneurs find themselves in trouble during the first year, with cash flow problems that they can’t seem to rectify in order to save their business, or unfocused offerings that do more to damage a reputation than help it grow. It is mistakes like these that can cost a business owner their livelihood and cause them to close their doors for good.
Image: Photos courtesy of individual members. Members share a few mistakes you can avoid making.
