Owning your own business would always be a good thing, many times it would have its ups and downs just like some other things in our lives. The truth is that many small business owners at various points are prone to making mistakes. I mean mistakes are part of life, right?
Here are five mistakes business owners make which can bring setback to the business.
LACK OF PREPARATION
It is often said that “if you fail to plan then you plan to fail” as cliché as it sounds, it is completely true. Many small business owners make the mistake of not planning adequately before jumping into the market, only to discover how unprepared they were.