Avoid These Pitfalls If You Are A Small Business Owner

This post from LegalZoom which was recently updated in September 2023 highlights the top ten mistakes made by new business owners. The list includes:

1. Not having a business plan
2. Not having a marketing plan
3. Impatience
4. Overspending
5. Underpricing
6. Not forming the right business entity
7. Thinking you don’t need insurance
8. Not having a written agreement with your business partners
9. Failing to protect intellectual property
10. Thinking you can do it all yourself

Check out the link to read more detail about what to do if you think you are falling short in that area as the post goes into depth on each item in the list.