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Common mistakes when setting up in business

Launching a small business can be risky and success is not always guaranteed.

Businesses are most likely to fail during the early years of trading, with 20% of new businesses folding within their first year and 50% within their first three years.

These figures should not scare you off, but should prepare you for some of the challenges entrepreneurs face when starting a business. With hard work and an awareness of the issues, a new business can be a great success.

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  • Inward Investment Services
  • Town Hall & Civic Offices
    Westoe Road
    South Shields
    Tyne & Wear
    United Kingdom
    NE33 2RL

  • 0191 424 6262

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