Building a Better Business
Consider the following statistics:
This is information other entrepreneurs and business owners can apply to their current and future endeavors. In other words, sometimes the best way to see the path forward is to know what path to avoid. In the coming months, you will learn about some of the most common mistakes small-business owners have made and you will learn exactly what you can do to avoid them. Check back right here as we explore these mistakes and leave you with valuable insight you can use to keep your business from becoming a statistic. If you are ready to learn more right now , simply give us a call and we will send you a free copy of the book “How to Build an Impenetrable Business: Avoiding 4 Common Mistakes That Can Destroy Your Small Business,” and you can get started on the path of building a business. Otherwise, stay tuned for more about these four mistakes.
• Every month, 550,000 new businesses are established. That’s 6,600,000 per year. • 33 percent of those businesses will fail in the first six months. • 50 percent will fail in the first 12 months. • 80 percent will be out of business in 18 months. • Of those that make it beyond 18 months, 96 percent won’t make it past 10 years. To someone thinking about starting a business, or who owns a new business, these statistics can be sobering. However, there is some encouraging insight that comes from these numbers. These are numbers that tell a story. When a business fails, there are reasons why and lessons to be learned.
AROUND THE FIRM
• October 10 — Offices closed. Married seven years today! (10/10/10 best day ever!) • October 11 — Online CLE: Cyber Risk Insurance; Noon to 2 p.m.; register at theknowledgegroup.org/. • October 12 — Networking luncheon: Ala Turca; Noon to 2 p.m.; register at 516ads.com/. • October 14 — Halloween Party to Protect Children; 6–9 p.m.; register at eac-network.org/event/party-to-protect-children-2017.
• October 19–20 — Offices closed. Professional conference. • October 25 — Webinar: “Negotiating for Fun and Profit”; Noon to 1 p.m.; register at buildnotbilled.com/. • November 7 — Networking luncheon: “Havana Central”; Noon to 2 p.m.; register at 516ads.com/. • November 10 — Offices closed. Thank you, veterans, for your service!
HAVE GOALS SO BIG, YOU FEEL UNCOMFORTABLE TELLING SMALL-MINDED PEOPLE.
ATTORNEY ADVERTISING. The purpose of this newsletter is to provide information about Love Law Firm, PLLC’s qualifications and experience. The information provided in this newsletter does not, and is not intended to, constitute legal advice. Any prior results described in this newsletter do not guarantee a similar outcome. Love Law Firm, PLLC’s distribution of this newsletter is not intended to create, and will not create, an attorney-client relationship with you.
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