Real World Entrepreneurship

10 Things New Business Owners Should Know When Running a Business


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In this podcast we run through our top 10 things first time business owners should know when running a business which as as follows:

  1. Get the legals in place
  2. Only 25% of companies succeed in the long term
  3. Hire a good accountant that understands your business
  4. Customers aren't loyal
  5. A written business plan dramatically increases the likelihood of success
  6. Cash is King!
  7. Rediscover old contacts
  8. Things don't magically work out
  9. Understand your runway
  10. Find your voice

...more
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Real World EntrepreneurshipBy Alan Clarke

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