Business Start Up

Business Start Up is one of the most exciting projects for any business and one that holds significant dangers.

The theory of Business Start Up is straight forward:-

Decide what type of business
Decide scale
Decide location
Obtain funding
Buy the equipment
Fit out the premises
Hire staff
Get some orders
Deliver
Make a big profit
Make yourself wealthy

It looks simple but according to statistics most new businesses in most countries fail within three years. A lot of time, money, effort, stress and opportunity is wasted despite the best of intentions.

The Main Reasons Businesses Fail

Most businesses fail for one or a combination of the following reasons:-

Lack of managerial ability
Lack of cash
Lack of orders
Bad debts

There are a variety of other reasons why businesses fail but these four are the main contributors.

Our mentoring programme will help you avoid these pitfalls. We have extensive experience of setting up new operations, and turning around failing operations, in the Far East, Middle East, Europe and North America.