Common Mistakes Small Businesses Make and How to Avoid Them

Unfortunately very few start up businesses make it beyond their 3rd year. Failure is usually down to a number of clearly identifiable mistakes, which if small business owners are aware of, can increase their chances of survival. Here are the top 10 common mistakes which small businesses tend to make. Lack of Market Research When a budding entrepreneur comes up with an idea for a new business he assumes that because he would buy such a product or service then everyone else will. This may be the case for day-to-day necessities but for other items this is usually not so. It’s important that when you start up you carefully research the market to check that: • There is demand at …

Battery-Powered-Tools, How to Get the Most From Them

I remember a few years ago one of the sales people at my local hardware store told me they were expecting the arrival of new battery powered circular saw, I think it was a Makita. On hearing the phrase “battery powered circular saw”, I laughed out loud and told him to call me when the battery powered table saws arrive. Within a couple of years I had purchased one of those battery powered circular saws that I so willingly scoffed at just a couple of years earlier. I soon discovered that having portable tools had huge benefits. That’s why companies like Porter-Cable, Makita, Delta and others have focused on these areas. These days battery powered tools are available is drills, …