The Top 7 Expensive Mistakes New Businesses Make

It is always an exciting time for entrepreneurs to start a new business and work hard to ensure that it grows. Sometimes, however, the focus on revenue growth overshadows or masks cost decisions that could have been made differently. Here are seven areas where too much money is often spent by new businesses.
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Only Those in the Fight Can Win

Entrepreneurism is all about risk. Sometimes, you can reduce your personal risk by taking in other people’s money, starting with a contract from a customer, purchasing a going business, or spinning off an existing revenue-generating portion of an existing business.
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Do You Have What It Takes to Be Your Own Boss?

A changing economy means businesses are also changing how they’re being run. Working as your own boss is becoming an increasingly more appealing option for both existing and aspiring business owners in 2014, but requires careful planning and self-management to be done properly.
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