Free Business and Financing Articles

Knowing how to successfully expand a small business is a skill that many business owners do not possess. According to statistics, most small businesses will fail within the first five years of operation. Though there are several contributing factors behind this statistic, the common thread among most of these failed ventures is that their owners did not know how to properly manage their small businesses as they began to grow.

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So you’ve opened your online software venture with a shareware program offering, aimed at attracting parents worldwide who are interested in assisting their children expand their vocabulary. Sales have been adding up quickly, but after the third quarter, you discover that your profits have flattened out and are showing signs of potentially decreasing.

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