Are you a motivated employee and looking for a new opportunity to start your own small business? Well, building a business either small or big from the ground up takes more than just hard work and determination. It also takes a well planned strategy.
You may ask, why is this important?
According to a study by Computer System Institute*, 8 in 10 small businesses fail within the first 18 months, while lack of experience in the industry, incompetence and lack of management experience are three major reasons most SMBs fail.
So how to make sure you are taking the right initial steps in your small business journey?
Just three things: persistence, consistency and a great business strategy, and your business can become successful faster!
By going through the following steps in starting your business, you will give it the fighting chance it deserves.
By Your Bootstraps: Building a Business From The Ground Up (Infographic) |