Key Tips You Need To Know Before Starting Your First Business
So you’re going to start a business. According to BLS data, 20% of businesses fail in the first two years, with a further 45% failing in five years and 65% during the first ten years. In fact, only 25% of new businesses make it beyond 15 years. None of these statistics should put anyone off, because nearly every business falls at a very basic hurdle. If you want to survive in the business world, the basics need to be adhered to. In this article, we’re going to talk about all the tips you need to know before starting your first business, from simple tools like a brand name generator to more complex practices such as finance control. Starting with the most key tip of all: Have An Existential Crisis Have…