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6 Reasons Your Small Business Will Fail (And How to Avoid Them)

Up and Running

According to Small Business Administration research , only half of new businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years. We can also conclude that about 65% of new businesses don’t make it to the ten-year mark. Unprofitable Business Model.

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How to Write a Business Plan for Raising Venture Capital

Growthink Blog

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Hook them on the first page.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . Having a business plan minimizes your risk.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . Having a business plan minimizes your risk.

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10 Things Every Small Business Needs To Do

Up and Running

If you are thinking of starting a small business, make sure you follow these ten important rules for small businesses: 1. The number one reason small businesses go bankrupt is lack of cash , not lack of profits. It was a business doing $20 million in revenue per year that had been around for 20 years.

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A Standard Business Plan Outline [Updated for 2017]

Up and Running

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Build your plan, then organize it.

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4 Reasons Small Businesses Fail

YoungUpstarts

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,