If you see any of these five signs in your company, it’s likely that you have run out of steam (or are on the verge of doing so) and it’s time to make some changes.
For a small business, any money lost is a loss for the company as a whole. With minimal budget and even fewer customers or clients, you count every dime, and something as simple as not emailing customers regularly could be costing you.
Although the simplicity and affordability of running a business as a sole proprietorship may have attractive perks, there are reasons why you might benefit from forming an LLC (limited liability company) or corporation instead.
We surveyed more than 18,000 SCORE clients to find out how business owners are faring. We collected these results to create our first data report,The Megaphone of Main Street.