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Top 7 Business mistakes made by small business

 
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ram22

posts: 10

Jun 03, 2010 3:27 AM ET    Quote  Report Abuse
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Hi,

William, nice post.

It is really helpful for those who are owners of small business.

thanks for shairng.

keep it up.



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sara12

posts: 10

Jun 09, 2010 3:07 AM ET    Quote  Report Abuse
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THANKS FOR THIS

I'LL MAKE SURE OF THESE TIPS.



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raynsingh

posts: 10

Jun 09, 2010 11:51 AM ET    Quote  Report Abuse
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Because of the limitations of expertise in smaller firms, expertise should be sought elsewhere. Marketing is the lifeblood of business and should therefore be accorded the important status it deserves

NovelASPect

posts: 1

Oct 27, 2010 5:33 PM ET    Quote  Report Abuse
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Great post, especially regarding reduced IT costs. The explosion in demand for application hosting services shows that small businesses are realizing that it simply isn't cost effective to attempt to purchase and maintain a business server in their office.



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steers

posts: 49

Oct 30, 2010 7:39 PM ET    Quote  Report Abuse
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Thank you for enumerating all of them. Some company are still not updated with the latest marketing strategies that's why it's hard for them to stay in the business.



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SimpliSafe

posts: 3

Nov 04, 2010 1:57 PM ET    Quote  Report Abuse
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Great information... especially #1.  An effective marketing strategy is essential, so many companies start without a plan and end up wasting valuable time.



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SteveBoulanger

posts: 37

Nov 16, 2010 2:10 AM ET    Quote  Report Abuse
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Hi! I am Steve Boulanger, new member here. I am with you that old methods for marketing business are now out dated. We should go for some new techniques like Geomarketing. It is new process to improve business marketing.



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AndyMutt

posts: 68

Nov 24, 2010 5:49 AM ET    Quote  Report Abuse
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Loved reading it... thanks for sharing :)

george_kelly

posts: 2

Dec 09, 2010 7:28 AM ET    Quote  Report Abuse
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I agree with the mistakes  made in small scale businesses.

one I would like to add is risk management most of small companies do not do risk management therefore they are prone to risk  and market fluctuations.

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SteveBoulanger

posts: 37

Dec 21, 2010 6:22 AM ET    Quote  Report Abuse
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HI William!

I am very inspired to you. It is important to identify your goals. I am agreeing with you. You have great point here. I made a search on the issue and found nearly all peoples will agree with your thread.



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