Friday, August 26, 2011

Top 10 Reasons Business Startups Fail

In these tough economic times, it is now more pertinent than ever that people looking to start up a business be mindful of the possible tribulations associated with the financial and entrepreneurial pifalls that many small businesses fall to in their first few years.

This article from the New York Times highlights the top ten most common reasons why businesses fail--many of which can be prevented with a strong business plan, solid accountant, and an efficient and organized owner.

The Kutztown SBDC can help with these aspects, as our goal is to help small businesses "Start, Grow, and Prosper".

For more information on our free services, visit the Kutztown SBDC website.

For the entire article on why businesses fail, click here.