Archive - May 3, 2021

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The 5 Elements All Successful Businesses Have In Common

The 5 Elements All Successful Businesses Have In Common

The 5 Elements All Successful Businesses Have In Common

Sometimes it seems like building a successful small business is like making a wish on a shooting star or finding the pot of gold at the end of a rainbow.

The statistics for a long-term “open” sign aren’t too appealing. According to the Bureau of Labor Statistics, approximately 20% of small businesses fail within the first year. Even more alarming, by the end of the second year, it’s 30% before skyrocketing to 70% by the end of year ten!

Keep in mind that in business (as in life), nothing is guaranteed.

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