Did you know that over 50% of small businesses fail within the first five years?
Small businesses are the backbone of the economy, but they often face significant challenges when it comes to growth and sustainability. One of the biggest obstacles that small businesses encounter is bottlenecks, which can prevent them from achieving their full potential.
According to a recent study, 80% of small businesses fail within the first 18 months, and one of the main reasons for this is a lack of effective systems and processes. In this article, we will explore the concept of bottlenecks in small businesses and provide actionable recommendations to help entrepreneurs overcome them.
Josh Long is an expert in helping small businesses overcome bottlenecks and achieve growth. He is the author of the book "Bottleneck Breakthrough" and has extensive experience in management, recruiting, and business development. He believes that identifying and addressing bottlenecks is the key to unlocking a small business's full potential and achieving sustainable growth.
Check out more: https://michaelnguyen.me/top-3-bottlenecks/