10 Biggest Small Business Challenges and How to Mitigate Them-
According to Makhani, the failure rate for new businesses ranges from 90 percent to 50 percent, depending on who you talk to. But, he said, business failures are not random. Businesses fail for specific reasons, and aspiring business owners can dramatically push the odds of success in their favor if they know the common pitfalls. In workshop, Makhani plans to focus on: How to avoid three common mistakes: How to identify a genuine market need. The importance of being able to sell your product for more than the cost of production, and Making sure you have adequate funding
Speaker(s): Aziz Makhani
The Idaho SBDC is funded by the U.S. Small Business Administration, Defense Logistics Agency, host institutions of higher education, and the State of Idaho. The Idaho SBDC is an equal-opportunity/affirmative action employer. Services are provided on a non-discriminatory basis. Language assistance is available to those with limited English proficiency. To request an accommodation or language assistance, please contact Barbara Leachman at 208-792-2465 or firstname.lastname@example.org. LCSC welcomes participants with disabilities. In all situations, a good faith effort will be made to provide accommodations.
Fee: $ 20.00
Payment is collected at the start of class. We accept cash and checks.