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Over 50 percent fail the first year, most don't make a profit...

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Q: What are one of the drawbacks of starting your own business?
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Related questions

One of the unexpected drawbacks of starting your own business is?

A. loneliness


What are the advantages of starting your own business?

Some advantages of starting your own business:be your own bosschoose your own hoursprofit


What are some good ideas for starting your own business?

For starting your own business it is a very good idea to make sure you have enough capital to get things running and enough to survive at least one year without profits.


What are the elements of technology to the needs of starting your own business as a tailor?

what are the elements of technology to the needs business of starting a business as a tailor


What is a person starting own business?

entrepreneur


Who is a Person starting own business?

The entrepreneur


What is hanging your own shingle?

Hanging out your own shingle is starting your own business.


How can I start my own business?

To learn more about starting you own business, I suggest the following: http://www.sba.gov/content/follow-these-steps-starting-business and http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business.


starting a small business for interior design.?

One should have a degree in interior design or the like. Starting your own business may be difficult to get establish but easier once the clientele is set-up.


How can one start their own small business?

It is best to develop a business plan when starting a small business venture. The Small Business Association has a website that lays out of plan of ten steps to get started.


Where can I find information about starting a business franchise?

There are many great resources online about starting your own business. One of the first places to start is the IRS to know about taxes www.irs.gov/businesses/corporations/index.html.


How many types of company?

You can create a proprietorship, partnership and a corporation. Each structure has its own benefits and drawbacks. You should create a business that is conducive to the industry you will be in.