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The Road to Success!

Posted by Admin Posted on Oct 17 2019

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"The road to success and the road to failure are almost exactly the same."

-- Colin R. Davis

 

          Small business makes up 99.7% of the businesses in the United States of America; however, according to data from the Bureau of Labor Statistics: about 20% fail in their first year, and about 50% of small businesses fail in their fifth year.  The difference between a business that fails and a business that succeeds could be as simple as the initial planning and creation.

          The type of business being created is directly proportional to the importance of seeking assistance from both a lawyer and an accountant; therefore, it is critical for anyone thinking about starting a business to seek assistance. These service providers have the knowledge and expertise to help guide one through the beginning process of creating a sustainable company.  Not seeking proper advice may cost a business owner more in the long run than the initial fees these professional service providers would have charged.