Every year, millions of Americans start new businesses. So far, in 2021, 1.36 million new business applications have been submitted. Yet, according to statistics, only half of all businesses survive their first five years. So, why do they fail? The most typical reason for business failure is a lack …
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4 Steps to Save Your Business When Everything’s Falling Apart
If you fear having to abandon your idea of owning your own business, do not head to lock the door for the final time just yet. While about 80 percent of new businesses fail within the first 18 months, your business does not have to be one of them if you take careful inventory of what is currently …
Start Your Business Without a Bank Loan
Lots of hopeful entrepreneurs have an idea that could make a great business, but unfortunately, lack the money needed to get it started. While the logical next step would be to look to banks to launch a business, most new establishments have a hard time getting funds using this route. Banks are …