Top 6 Ways Businesses Get Into Trouble
(and what you can do to avoid them)
As an entrepreneur, there are hundreds of ways you can succeed, but there are six common traps that can get you into serious trouble. The Larimer Small Business Development Center (SBDC) consults with over 600 clients per year. Mike OConnell, SBDC Director says, “every week, we see businesses wrestling with the same core problem areas”. Whether you are currently operating a business, or working on your plan, awareness of these traps will make you a more street-smart entrepreneur. Resource information will be available to help you navigate or avoid these problem areas.