Home Business 5 hacks to make it as a small business

5 hacks to make it as a small business

by The 100 Companies

While most small businesses survive at least one year, less than half make it past five years. Businesses are most vulnerable to mistakes during their first few years in operation – the most crucial time to establish a presence.

Below are five hacks to avoid making the most common mistakes during your first few years in business.

1) Have a mentor or business coach to help keep you on track.

2) Don’t delay setting up a social media presence.

3) Establish a plan of action with a specific timeline.

4) Don’t be afraid to take risks.

5) Reevaluate your business at least once a year.

– Haley Pegg, New Orleans Chamber

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The Oklahoma 100