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TOP TEN LIST OF THE MONTH
THE TOP TEN
LIST OF MAJOR NO-NOs
FOR SMALL BUSINESSES
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10. |
You start your business without setting up properly legally, such as a Corporation, LLC, or sole proprietorship. |
| 9. | You take on too much overhead costs. |
| 8. | You fail to remit your payroll tax returns when due. |
| 7. | You run your business without a cash budget. |
| 6. | You choose a business location that does not work. |
| 5. | You fail to delegate the workload. |
| 4. | You fail to aggressively market your business. |
| 3. | You fail to manage receivables and collections. |
| 2. | You fail to keep adequate records. |
| 1. | You fail to provide good customer service. |