According to Betty Price of the Price Group there are five fatal flaws that many small business owners make when operating their small businesses. They include:
1. Failure to work from a plan
2. Failure to understand and implement marketing
3. Failure to effectively deal with the people factor
4. Failure to communicate effectively
5. Failure to adapt with the times
Does this sound like you? These are some very important areas that need to be addressed and according to Price small business owners will have a greater opportunity to increase profits and sustain growth.
For details regarding the Price Group’s study view the following link:
http://www.pricegroupleadership.com/
Keeping your Business N Synergy
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