steve boston's Articles in Entrepreneurships

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Why Do Most Businesses Fail? How You Can Avoid the Same Fate & Even Get Started Virtually For Free Why do so many businesses fail, both in the traditional world of retail shops and stores, and also those based on the web? Starting a business without enough cash to fund it is probably the most common mistake of any new start-up. But why is this so? After all, once the doors open for a new shop, or a home based businessman or woman publishes his or her website online, shouldn't that be enough to get things going? And even if a new start-up is under-funded, as soon as the sales start coming in, everything will be all-right--right? Absolutely not. Being strapped for cash when getting a new business going is nearly suicide. Just look at all the businesses that fail within the first few years. They don't have enough money to weather the storm, and secondly, they didn't have a consistent and ongoing marketing plan to promote themselves. But what is a person to do then--not go into business in the first place? Most businesses don't make it because they don't have a plan. You have to be able to crunch the numbers to succeed. Open your doors when the numbers make sense--and not until then.

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