In tough economic times, small businesses are often the first to go under, and with the recent financial crisis, many have struggled to survive. While the worst is now well and truly behind us and the operators still standing are breathing a big sigh of relief and looking to the future, those that became victims of the crisis will be picking up the pieces and wondering where it all went wrong. There is a fine line between failure and success; one that small businesses have to tread very carefully. Here we look at the reasons why small businesses fail in the first couple of years of operation, and steps they can take to stop this from happening.
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from Heather Smith ~ MYOB Certified Consultant