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40-60% of small businesses don't survive the first 3 years

Of these, almost 50% are profitable, however lack working capital

Other major contributors include: poor leadership, hiring the wrong team, & ignoring customers

You can stop these issues in their tracks by:

  • Improving workplace culture & communications

  • Creating a purposeful onboarding & training process for new hires

  • Implementing effective systems; including finance and marketing

  • Documenting, testing & maintaining those systems

Articles

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