10 Mistakes Small Business Owners Need To Avoid

Daniel, over at Small-Biz Xpress, offers his 10 Mistakes Small Business Owners Need To Avoid

Here's a list of ten of the more common errors small business owners usually make:

1. They undercharge
2. They concentrate exclusively on sales
3. They extend credit too easily
4. They think about taxes after the year is over
5. They don't have a plan of attack
6. They don't know how to hire and keep good employees
7. They don't provide outstanding customer service
8. They are economically dependent on a small group of customers
9. They let emotions get in the way of sound business decisions
10. They fail to develop as leaders and managers

BOTTOMLINE: Take a look at #2, 5, 6, 7, 9, and 10. Each is a strategy or execution issue.