New businesses fail at an alarming rate (7 of 10) in the first five years after opening thier doors. With all the awareness that is taking place around the need for new jobs and much recent research on the role entrepreneurs and new business play in the creation of new jobs, we seemingly don't need more new businesses, we need more successful businesses.
We take a look and the most frequent reasons businesses fail and what can be done about it. In fact, all of the most frequent reasons businesses fail can be remedied. So if your chances of success were only 3 in 10 and you could improve that to 6 in 10, that might be something you would want to do.
Tune in as we discuss the top five reasons for business failure in the five years following startup and what you can do about it. Gather some real tips on business success.
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