Mistakes are often made by startups in their early days of trading. Some are more costly than others, but most can be avoided. Take a look at the slideshare below to get some tips on how to avoid startup mistakes, courtesy of WinWeb.
Most business failures are due to relatively simple errors that occur through lack of experience. The high mortality rate of start-up businesses is something that we at WinWeb strive to help lower. With this in mind, consider some of the following common mistakes that a rookie business owner can make. Don’t become arrogant and start [...]
To determine the underlying origin of a problem, it can be useful to employ a little bit of business theory. Begin by brainstorming all the factors related to a problem. Examine whether any unusual factors were involved and if they came from inside or outside of your business. Try to think of ways in which [...]
Sometimes it is only possible for a small business to learn by making a mistake. A small mistake often serves as a warning that something might go seriously wrong in the future and provides an opportunity for you to make a change before that happens. Here are some of the things you can learn when [...]