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.