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What makes a small business fail or succeed?

Sink or swim

“There are several primary reasons start-ups fail,” opines CreditDonkey.com, “the most important being lack of experience, planning and investment capital. These three key needs are highly independent and predictive of many other reasons for success and failure.”

Over the years, we have written extensively on paving the path toward a fruitful business and agree with the various assertions the following infographic makes, especially in the bottom portion outlining recommendations including “get a mentor” and “read leadership books.”

As a small business professional, take a look at the infographic to see if you are missing any puzzle pieces that could help your business to become more productive and a long term success:

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Written By

Marti Trewe reports on business and technology news, chasing his passion for helping entrepreneurs and small businesses to stay well informed in the fast paced 140-character world. Marti rarely sleeps and thrives on reader news tips, especially about startups and big moves in leadership.

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