Though such failures can be attributed to various reasons, GhanaWeb in this piece has compiled some major mistakes to avoid when starting a business. Make a business planFor successful startups, having a business plan is key to the growth and efficiency of your business. It is also important to always review your business plan to adapt to growing trends. Be compliant with auditingA failure to audit of all company records is often a mistake many startups business do. This often gives clarity to business profits, investments and expenditure.

Source: GhanaWeb July 16, 2021 12:33 UTC