Did you know that in the United States more than half of all small businesses formed fail within their first five years of operation? There are a number of reasons that contribute to this staggering statistic but the biggest culprit is an overwhelming lack of knowledge and resources due to inexperience.
The number one reason small businesses fail is due to lack of experience…
Other reasons small businesses may fail include:
- insufficient capital (no money)
- poor credit history
- bad location
- poor inventory management
- little or no web presence
- abusive personal use of business funds
- no strategic plan
- lack of vision and mission statements
- poor customer relations
- poor employee-employer relations
As a small business owner or nonprofit leader, you have a lot of things on your plate to worry about. Rather than tackling the steep learning curve to success, let us at Building Bridges Consulting use our over twenty years of quality business experience to help you overcome the usual mistakes and blunders most small businesses succumb to within the first five years of operation.
With Building Bridges Consulting on your team, you can rest assured your small business will be well on its way to achieving the mission and goals you set forth in your business plan. Don’t have a business plan? Well, we can help with that too! From concept to ideation to fruition, Building Bridges Consulting can be your strategic partner in bringing your vision to reality.
If you are a small business owner or aspiring entrepreneur in Chicago, we want to help you to achieve your business and professional development goals. Check out our services and other resources to help you get on track to building a successful business venture today.
Together, we are building bridges between your dreams and ultimate reality!
Past & Current Clients Who Trust Our Expertise: