Sunday June 7, 2020

What not to do when starting up your own business

New business owners face a steep learning curve. Here, Shane O'Toole lists the top ten mistakes start-ups should avoid.

11th March, 2012
2
Shane O'Toole, managing director, Advanced Accounting.

By avoiding common pitfalls in the early stages, you stand a better chance of surviving and thriving in the long term.

It is difficult to build a scalable business if you are the only person involved. Some businesses can start with one person, but to get to a stage where the business can actually generate profits in excess of the founders' contribution, additional employees are needed. Make sure your pricing allows for you to bring...

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