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07 September 2005

Home Business Failures

Why Home Businesses Fail
Nyall Bakk

If you're considering starting a home business there several things you should know. Statistics show that more than 50% of home businesses will fail within the first three years of operation. Those aren't very good odds.

Many entrepreneurs who have a good idea are not business people. However there are certain business practices that you need to understand in order to run a home business successfully. You need to think about growth, marketing, and a variety of other business issues. Running a successful home business depends not only on a good idea but also on understanding and implementing business practices.

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