MOST ENTREPRENEURS DON’T PLAN TO FAIL, THEY FAIL TO PLAN
I periodically read research reports about business failures. I always find them interesting, although often they are depressing. Such as what I recently read. Which was research from Bradley University in Peoria, IL. This research found that 70% to 80% of new businesses fail within their first year. And while this was frustrating enough to read, the research further stated that half of those companies which do survive the first year will fail within the next four years. Now, let's turn to the cause of this failure. According to Dun & Bradstreet, the number one cause of this failure is...