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Strategic Planning Failure: Why It Happens and How to Avoid It

AchieveIt

There are more than 30 million small businesses in the U.S. These businesses comprise only about 4% of those in the U.S. Poor Managerial Skills or Lack of Leadership Managers and leaders can heavily influence productivity, revenue, innovation and turnover. Communication keeps everyone on the same page.

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The 5 Stages of Entrepreneurship

Hubspot Sales

How to Validate Your Business Idea One way to validate your idea is to evaluate the performance of similar businesses. Chanty is a communication and team collaboration app that went head-to-head with companies like Slack. Developing a business plan helps you estimate costs, identify risks, and set up risk mitigation measures.

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14 Pro Tips for Running a Successful Business

Hubspot Sales

The failure rate for new businesses is somewhere around half, with about 50% calling it quits after the first five years. The Small Business Administration says that almost 80% of new businesses make it through their first 12 months. If you go into business hoping for the best, you're most likely going to fail.

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The Ultimate Guide to Entrepreneurship

Hubspot Sales

Incompetence is the #1 reason small businesses fail, followed by inexperience. Women were starting 40% of all new businesses, and persons of color made up 40% of entrepreneurs in 2016. The United States is still considered the world’s most small-business-friendly country. How do they communicate their vision.

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The Ultimate Guide to Entrepreneurship

Hubspot Sales

Incompetence is the #1 reason small businesses fail, followed by inexperience. Women were starting 40% of all new businesses, and persons of color made up 40% of entrepreneurs in 2016. The United States is still considered the world’s most small-business-friendly country. How do they communicate their vision.

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21 Books About Starting a Business You Can’t Afford Not to Read

Hubspot Sales

Sinek’s book explores how the world’s most influential leaders think, act, and communicate similarly. He calls the idea, “The Golden Circle,” and shares this framework to build businesses, lead movements, and inspire. Ries argues every company has a common mission: To chart a successful path to sustainable business.

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Small Business Grants: What They Are & How to Get Them

Hubspot Sales

Sourcing capital is one of the most pressing, frustrating challenges any small business owner has to face. That kind of uncertainty can undermine your faith in your business and keep your operations grounded — regardless of how bold and actionable your ideas might be. How to Apply for Small Business Grants.