Business strategy is a platform for business growth. Since small business owners wear so many hats, They can make mistakes. However, mistakes in managing and operating a business can threaten the organization’s long-term viability. These presentation should be prepare for Avoid the mistakes by business owners. Here are top 8 of the most common mistakes. let see more detail information visit:- http://www.wesrch.com/

1. 8
Top
Biggest Mistakes Made By Owners
For Our Small Business

2. Common Mistakes For
Small Business
Entrepreneurial ventures are fraught with
missteps, mishaps, and mistakes.

3. Trying to
Get Rich
Quick
Overnight success
usually takes 15 to
20 years to
achieve. If you go
in expecting to be
rich overnight, you
may become
discouraged early
on and give up
your dream
prematurely.

4. Assuming You Have No
Competition
Even if you have the latest, greatest, never-been-
done-before approach to something, don't assume
that you have no competition.

5. Being a Weak Leader
The success of your company is contingent on you
being a strong, effective leader.

6. Being All Business
Many entrepreneurs put their personal lives on hold
to focus exclusively on their businesses. Ultimately,
both suffer.

7. Setting Unrealistic
Financial Goals
All business plans come true, being a billionaire would be nothing
extraordinary. Many entrepreneurs planning to move into new
enterprises astronomical returns.

8. Cutting Prices
Often, the first thing entrepreneurs resort to when
business is tough is to try differentiating on price.

9. Having No Clear
Marketing Strategy
You never know where, when, or how a new prospect
is going to hear of your business.

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