Monday, August 19, 2013

Why Your Business Could Be Failing Even If You Hit Your Numbers

 
 
 
Entrepreneurs, investors and accountants all love to see updated income forecasts. While their projections are usually rosy, more than half of these businesses will fail within the first four years of operation, according to a 2012 University of Tennessee study. Of those failed businesses, 72 percent say they went out of business because they ran out of cash, and 77 percent were started with the owner's money.


Read more: http://www.entrepreneur.com/article/227232#ixzz2YUjOtJ4N
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