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Avoiding Business Failure
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obmar
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PostPosted: Wed Dec 17, 2008 9:06 am    Post subject: Reply with quote

11. Your pricing is too low,
thus resulting in a negative cash flow.


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obmar
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PostPosted: Wed Dec 17, 2008 9:22 am    Post subject: Reply with quote

12. Bad accounting practices.
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obmar
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PostPosted: Wed Dec 17, 2008 9:22 am    Post subject: Reply with quote

14. Dishonesty.
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obmar
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PostPosted: Wed Dec 17, 2008 11:07 am    Post subject: Reply with quote

15. Not fixing mistakes.
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obmar
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PostPosted: Wed Dec 17, 2008 11:17 am    Post subject: Reply with quote

16. Not completing tasks in a timely manner.
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obmar
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PostPosted: Wed Dec 17, 2008 11:17 am    Post subject: Reply with quote

17. Inability to follow-up.  
You should always follow-up by email,
snail mail, or phone.
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obmar
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PostPosted: Wed Dec 17, 2008 11:18 am    Post subject: Reply with quote

18. Not listening to client or customer.  Talking too much.
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obmar
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PostPosted: Wed Dec 17, 2008 11:18 am    Post subject: Reply with quote

19. Spending too little.  It takes money to make money.
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obmar
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PostPosted: Wed Dec 17, 2008 11:19 am    Post subject: Reply with quote

20. Spending too much.  
Purchasing items when you don’t need them,
upgrading when the older version will do,
letting suppliers talk you into things you cannot afford,
and not budgeting.
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obmar
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PostPosted: Wed Dec 17, 2008 11:19 am    Post subject: Reply with quote

21. Being unprepared for fluctuations in business.  
Boom times when demands are high as well as
slow times when you are struggling to get by.
(Put money away during boom times to prepare for slow times.)


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