Business Success Factors

Starting a business is easy. Making it successful and lasting is not. Unfortunately, up to 80 percent of businesses fail.

I often ponder why some innovative new businesses succeed – or even thrive, while others fail? What I have discovered is that success has little to do with education or even the number of hours at work. Successful business owners typically have a well-articulated vision for the business, have specific and attainable goals, and have a written business plan.

These owners also have priorities for how they spend their time and money. They focus their attention on products, services, employees, and markets. They are continually examining their costs, creating new products and services, improving quality, training employees, pleasing customers, and developing new markets.

So if you are running a business or contemplating starting a business, take to heart what successful business owners have learned.

Will Limkemann
Limkemann Business Advisors
440-871-0976
www.neobizadvisor.com