Running a business is not easy. Only 10% of the new businesses becomes successful the first 5 years. And only 30% will survive in more than 10 years. Visit http://www.newhorizon.org/credit-info/small-business/ for tips on how to run a successful business. We can also help you the financing you need for your business http://www.newhorizon.org/NHBS/equipment.htm

1. Tips To Run
A Successful
Business
by: www.newhorizon.org

2. Running a business is NOT easy!
● Statistics indicates that 99% of the new
business fails on the first 5 years.
● And only 30% will survive in more than 10
years.

3. Don’t become another member . . .
of the failing statistics.
Here are tips on how to prevent your business
from failing!

4. Look at your business objectively
● Remove yourself from the equation.
● Viewing it as a separate entity will help you
put the business in perspective and identify
areas that need work.

5. Be involved in the day-to-day operations
● You must know the ins and outs of your
operations and determine where the problem
areas lie.
● This is the only way you will be able to analyze
both income and expenses, and determine how
to correct the issues and prevent failure.

6. Be consist and a leader
● Leadership is a great attribute for anyone to have, but as
a business owner, it is CRITICAL.
● Your staff will look to you for all the answers, and you
need to have them.
● By showing consistency and leadership, you will be able
to provide the necessary guidance to get through any
hard times.

7. for more information . . .
on how to prevent your business from failing
http://www.newhorizon.org/credit-info/prevent-business-failing
Visit http://www.newhorizon.org/credit-info/small-business for tips on how
to run a successful business.
We can also help you find the financing you need for your business
http://www.newhorizon.org/NHBS/equipment.htm