What are common mistakes small business owners make

When starting a small business, don't make these 12 mistakes. These are things you need to do to make sure everything goes as smoothly as possible. They include coming up with a business idea, picking a name, getting funding and starting marketing campaigns. The U.S. Small Business Administration (SBA) says that a well-made business plan gives your business a strong foundation. If your marketing and research isn't strong, you could miss out on a lot of good things.

Getting the right insurance will protect your business if something goes wrong, like a slip and fall at work or the theft of a computer or printer. Not knowing how the money works is another common mistake by small business owners. Figure out the best ways to measure the success of your marketing campaign.
Using technology is the best thing you can do for your business. Many new small business owners find it hard to hire new people because they don't know when or how to do it. Some business owners don't really know who they are trying to reach with their marketing campaigns. Having no clear goals can leave room for mistakes and a lack of accountability. Setting goals gives your business a path to follow, which helps you make your product or service better.