Common Reasons Small Businesses Fail

Many people dream of starting a small business.  This is a dream that can become a reality, or, as happens to about 33% of prospective business owners, according to the Small Business Administration – it can result in dismal failure within two years.  There’s no magic-bullet solution to ensure a successful business, but if you don’t want to be in that 33%, you should be aware of the common reasons that small businesses fail. (more…)