Why does one small business owner flourish while another one fails? In all my years of being in business, reading all I can about business, and surrounding myself with successful entrepreneurs (large and small), I have come to believe there are 7 essential principles that all successful small business owners have in common.
1. An entrepreneurial mindset
2. Strict fiscal discipline
3. A kitchen cabinet of advisors
4. A defined brand
5. A niche market
6. Excellent customer service
7. Cash position and a good banking relationship
To read the full, original article click on this link: 7 Essential Principles of Small Business Success
Author: Melinda Emerson
