How to Grow a Business and Maintain It

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I got a friend who is starting a hair care business. He will be selling hair care products that most beauty salons need to service their clients. As we all know, when you start a new business their are so many detailed things that a new business owner has to keep up with. My friend has not even got into business good yet, and has dealt with problems from buying products from other business owners to contract problems. How does a person start a business and maintain it with out going under in the first year ?
Statics have shown that most business fail in the first three years. A key factor that I think causes most businesses to fail is not doing any home work on the market, or field they have chosen to start a business in. Another reason, I think most business fail is they don't have a nest egg for bumps and unexpected expenses that occur within the business. You as a business owner need at least six months worth of rent to sustain you while you build your clients for the business.
Finally, you need a business consultant who can guide you with the know how on how to maintain the business you have chosen. Now how does all this apply to your Vending business well the old saying goes that now matter what line a business you are in the process is all the same. So, if you are selling toilet paper to a dog, or water to a whale their are certain things you have to have in place for your business to be successful.

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