OUR BLOG
October 13, 2017

With the excitement of starting a business comes the need to avoid some pitfalls that could have lasting negative effects on the growth and success of your business.  There are five common problems that an entrepreneur should keep in mind, including:

  • Mismanaging the relationship with the company’s workers;
  • Mismanaging the company’s finances;
  • Unnecessarily adding a partner;
  • Failing to protect the company’s intellectual property; and
  • Failing to prepare for the company’s future.

What can you do about these five potential missteps? With the proper guidance, you can tackle these issues before they become problems and keep your business on the path to success. 

Like our series on the misadventures of Bill Wiseacre and Uh Oh Enterprises, we present to you: Five Big Mistakes Entrepreneurs Make and How to Avoid Them (or Five Big Mistakes for short). This series will review five common mistakes we encounter when advising clients, and provide you with the information and perspective you need to avoid them in a way that works for your business.

 


Five Big Mistakes is also available as a presentation. Interested in hosting Five Big Mistakes for your organization? Let us know by sending an email to connect@momentumlawyers.com.

This post will be updated as new posts in the series are added. Last updated 10/13/2017.

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I'm writing to say a big thank you for your insights about my business and how to build it. Your ideas stopped me in my tracks—in a good way—and helped me see possibilities I'd not seen before. Pretty amazing. Deborah Ager Chief Book Writer, Radiant Media Labs

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