The Small Business Startup Encore Challenge

January 20, 2011

Guest post by Rick Franz. Rick Franz is the owner of Optimal Business Solutions, a business consulting firm based in Evansville, Indiana, serving customers all over North America. In the first installment of this series, we reviewed the high incidence (67% in the first three years) of new entrepreneurial startups that fail, why they fail, [...]

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3 Common Reasons Your Business Might Fail

November 18, 2010

Small Business Administration, the top three reasons for new business failures are: Lack of Experience/Knowledge Insufficient Capital Poor Location All three reasons could have been addressed before launch if more time was spent up front planning the new venture. It is truly a mystery why we spend more time planning a vacation than we do [...]