ng a business can take a lot of planning and even more time getting off the ground. This paper will help provide an outline for steps to take in order to open a business successfully. With todayâ^TMs economy, starting a business can be a very scary and difficult endeavor. Following these steps should make your business successful. o Starting a business can take a lot of planning and even more time getting off the ground. Starting a business in todayâ^TMs economy can be very difficult. Following these steps will help you to avoid the four main failure mechanisms of a small business; managerial incompetence, inexperience, neglect, weak control systems and insufficient capital, or profit. o To avoid managerial incompetence or inexperience you will need to take extra time finding managers that are dedicated and have the right experience. While college degrees are always a plus, you cannot hire a manager based solely on their papers. They need to have field experience or hands on experience as well. This skill is very important so that your managers know ......

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