Objectives: Reason businesses fail Starting while not knowing other skills Board of directors People you know Friends and family Vendor’s suppliers 1. Why most new businesses fail? a. start a business knowing a skill but not other areas of business. b. when you open a business you also need to know about marketing, sales, taxes,     book keeping, employee and quarterly taxes, sales tax, human resource issues to     prevent being sued by disgruntled employees, operations, customer service,     shipping and more. 2. How do you prevent or deal with […]