5 Stupid Small-Business Finance Mistakes to Avoid in 2016
|01/04/2016||Posted by BusinessMediaguide.Com under General World News||
By Steve Nicastro
Don’t become a small-business statistic.
Nearly half of small businesses don’t make it past the first five years, according to the U.S. Small Business Administration. Optimistic owners may underestimate the costs of starting a business, run up too much debt or have bad personal credit that keeps them from getting a business loan. Then it’s curtains.
In honor of the new year, here are five stupid small-business mistakes to avoid in 2016, so you’ll still be around in 2021.
1. Not repaying expensive variable-rate debt
The Federal Reserve’s first interest rate hike in nearly a decade means small-business owners will read more >>>
Source : HuffingtonPost.Com