Eight out of 10 small businesses fail every year, according to an Inc. article.
Here are five reasons small businesses fail, according to the article:
1. Failure to market online.
2. Failing to listen to their customers.
3. Failing to leverage future growth.
4. Failing to adapt, and grow, when the market changes.
5. Failing to track and measure your marketing efforts.
More Articles on Practice Management:
28% of Orthopedic Surgeons Currently Plan to Participate in ACOs
10 Ways to Improve Collections at Medical Practices
7 Ways to Earn Respect, Rather Than Demand It