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5 Mistakes To Avoid When Starting A Business - ThinkstockPhotos-477342233-c.jpg

5 Mistakes To Avoid When Starting A Business

Starting a business is always a risky venture but when done right and legally, you can reduce the risk of failing. Given the fact that 50 percent of small businesses fail within the first five years of operation, what are some things you can do (or in this case, not do) to keep your business for the long haul? Let’s take a look at some of these common mistakes that land entrepreneurs in trouble, and what you can do to legally protect yourself and your company.

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One Comment

  1. Paige Smith says:

    I agree a lot with this article about some of these mistakes that new business owners tend to make. I think one of the ones that really stands out to me is not incorporating. I think it is important to incorporate with other people in order to build a company, especially when it comes to costs like commercial lending.