STARTUPS: Forgetting what your (lofty or realistic) aspirations are for a moment, actually how you set up and run a business is also a determining factor between being a failure, also-ran and pioneer on the end of a massive acquisition. Read more on at Linkedin.
We know in recessionary times, the number of startup businesses significantly increases.
Aspiring entrepreneurs, tired of being linked with golden handcuffs to employers, venture out on their own.
It's good for the economy, but usually doesn't end well for many start-ups. Studies show less than 50% of companies launched are still around after five years.
Plain and simple: keeping a business alive is more challenging than anyone can imagine.
Read more on at Linkedin
NB:Money tree image via Shutterstock.