5 Mistakes That Destroy Startups

Entrepreneurial endeavors require business owners to have both brilliant dreams and outstanding foresight that avoids problems. Only when these two things occur in tandem can any business startup succeed.
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5 Common Financial Mistakes to Avoid

Unless you’re a financial whiz, it’s not always easy to also work out your financial plan and pin down precise numbers; sometimes important financial details can fall by the wayside.
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5 Payroll Tax Mistakes to Avoid

If you have at least one employee, you are responsible for payroll taxes. These include withholding federal (and, where appropriate, state) income taxes and FICA tax from employees’ wages as well as paying the employer share of FICA tax and federal and state unemployment taxes.
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When Profits Collapse, Don’t Turn to Discounting

I’ve been in the business world for over 40 years and I’ve lost count of the number of times that discounting has exacerbated a sales decline it was intended to avert. Conversely, I’ve seen sale declines turn around with amazing alacrity through more focused, value-oriented marketing messages.
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