ENG 105 Lecture Notes - Lecture 6: Small Business Administration, Unique Selling Proposition
Document Summary
There are more than 28 million small businesses in the united states, making up a whopping. 99. 7 percent of all u. s. businesses, according to the small business administration. But not every small business is positioned for success. In fact, only about two-thirds of businesses with employees survive at least two years, and about half survive five years. So, you may be in for a real challenge when you decide to take the plunge, ditch your day job, and become a business owner. The stage is often set in the beginning, so making sure you follow all of the necessary steps when starting your business can set the foundation for success. Here are steps that are required to start a business successfully. Take one step at a time, and you"ll be on your way to successful small business ownership. Most likely you have already identified a business idea, so now it"s time to balance it with a little reality.