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What’s Keeping Your Small Business from Succeeding? [INFOGRAPHIC]

in Advice, Finances
Reading Time: 1 min read

There are currently $1 trillion small business loans that are outstanding. Small businesses play an essential part in powering our economy, but only if they can achieve success. Here are a few examples of common mistakes:

  • Keeping Shoddy Records: Entrepreneurs/idea people are not always great administrators
  • Resisting Change: Be immersed in your industry but do not get so close that you ignore trends
  • Unwise Spending: Do not buy a new car – reinvest in your business!
  • Ineffective Marketing: Don’t assume your idea is SO great that you do not need self-promotion

This infographic is courtesy of BOLT Insurance that visually highlights how small business owners can identify and overcome these common mistakes.

RelatedPosts

19 Entrepreneurs Explain How They Keep Track of Their Numbers

17 Entrepreneurs Explain How they Find, Recruit and Attract Talent

11 Entrepreneurs Share Their Best Delegation Tips

Via: BOLT Insurance

See also  10 Practical Budgeting Tips To Help You Do It Better
Tags: insuranceloanssmall business
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