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Steering clear of business-killing mistakes

Among the big fears a business owner here in Louisiana may have is fear that their company will fail. One of the things owners can do to address this fear is work to avoid mistakes that could up the chances of their company going under. Some of the business mistakes that can have this result are fairly obvious ones. However, there are others that are much lesser-known.

A recent article on a news website went over some of the more under-the-radar mistakes that could put a business’ continuing operation in danger. Such errors include business owners:

  • Having their business be too dependent on them.
  • Not paying attention to improving their own sales skills.
  • Never saying no to customers, even to things that don’t make sense for their business.
  • Not properly compensating themselves.

What potentially business-killing mistakes do you feel often go under-the-radar?

Another class of mistakes that could put a business in danger are mistakes in the handling of disputes that have come up for the company. This doesn’t just include big errors related the front-and-center issues of a dispute. It can also include mistakes related to seemingly small details or issues of the dispute. So, having good guidance on what things to avoid can be important for a company throughout the course of a business dispute. Skilled attorneys can advise business owners dealing with disputes here in Louisiana on handling the various issues and details in the dispute and on steps to take for avoiding errors in such handling.

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