10 Hazardous Pitfalls For New Entrepreneurs: How to Avoid Them
Bangalore: As an entrepreneur it can be a little difficult to initiate a business and being an amateur result in even more trouble. Most of the startups fail within the first five years and that can be subjected to mistakes that could have been rectified very easily if were paid attention to. These mistakes however small they might be but have the capability to hamper all the hard work you put up over a period of time go in vain. To help you prevent yourself from such mistakes, here are some tips that will help you avoid some most common pitfalls that avert to the decline of a startup:
# Prepare a Contract:
Synopsis: Sign a contract to avoid payments issues in the future.
Make sure you prepare a legal contract before indulging in business with your client. At times, client’s expectations override the budget and signing a contract beforehand can help you save the trouble of payments in the end.
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