The first task is to understand WHY so many businesses fail. The second task is to learn from those who fail and take steps to avoid the same fate.

So, let's first learn why so many businesses fail.

"Small businesses often fail because of lack of planning . Let me make a bold statement: the single-most vital part of your business success is your business plan. Why? Simply put, your business plan specifically and concretely lists your goals for the next few years. It spells out, step by step, how you're going to meet those goals, and gives you something to measure your performance against at the end of your business year." How NOT to be a Small Business Failure Statistic By Eve Jackson

"Nobody likes to think about failure. Business ventures are driven by people with a will to succeed... Your initial business plan is your blueprint for success. Failing to stick to the plan, failing to put in the kind of intense research needed to begin with or, more commonly, failing to seek out and heed professional advice, are common ways in which a business can get off to a bad start." Why Businesses Fail - HNB Bank

"Nine out of ten business failures in the United States are caused by a lack of general business management skills and planning. A good business plan helps identify the mission; cost structure; market; external influences; and strengths and weakness of a business." Small Business Development Center, Troy State University, Troy, Alabama

"Running a business, whether it be an offline multi-billion dollar company or an online part time home business, they share many similar traits. One of the biggest obstacles I have endeavored to translate to many, many small business / home business people, is a very simple phrase...... 'Treat It Like a REAL business, Because It IS a REAL Business'. The fundamental reasoning behind so many failures in small business, is the clear lack of willingness to act like a real business..." Fail to Plan....or Plan to Fail? by Gary Durkin

The reports are clear: businesses fail for two primary reasons:

1. They don't plan out their business, and
2. They don't acquire the necessary business skills and knowledge

1. Plan out their business operation, and
2. Acquire the skills and knowledge it takes to succeed

• "I don't need to plan... I'm just a small business"
• "I work from home, why would I need a plan?"
• "I'm too busy fighting fires to sit down and write a plan."

Proper Education How To Test A Phone Card For Hidden Fees - Why All Phone Cards Have Surcharges?
The phone card business is not what is was a few years ago. Every new telecommunications product that comes along, has a product life cycle of about four years at which time something new and better comes along, and so begins a downward trend. There are still millions of phone cards being purchased every day at this country in convenience stores, gas stations, online websites, news stands, and at various ethnic restaurants, ethnic grocery stores, and ethnic import stores. While many international phone cards represent excellent value when ong>lack of planning . Let me make a bold statement: the single-most vital part of your business success is your business plan. Why? Simply put, your business plan specifically and concretely lists your goals for the next few years. It spells out, step by step, how you're going to meet those goals, and gives you something to measure your performance against at the end of your business year." How NOT to be a Small Business Failure Statistic By Eve Jackson

"Nobody likes to think about failure. Business ventures are driven by people with a will to succeed... Your initial business plan is your blueprint for success. Failing to stick to the plan, failing to put in the kind of intense research needed to begin with or, more commonly, failing to seek out and heed professional advice, are common ways in which a business can get off to a bad start." Why Businesses Fail - HNB Bank

"Nine out of ten business failures in the United States are caused by a lack of general business management skills and planning. A good business plan helps identify the mission; cost structure; market; external influences; and strengths and weakness of a business." Small Business Development Center, Troy State University, Troy, Alabama

"Running a business, whether it be an offline multi-billion dollar company or an online part time home business, they share many similar traits. One of the biggest obstacles I have endeavored to translate to many, many small business / home business people, is a very simple phrase...... 'Treat It Like a REAL business, Because It IS a REAL Business'. The fundamental reasoning behind so many failures in small business, is the clear lack of willingness to act like a real business..." Fail to Plan....or Plan to Fail? by Gary Durkin

The reports are clear: businesses fail for two primary reasons:

1. They don't plan out their business, and
2. They don't acquire the necessary business skills and knowledge

1. Plan out their business operation, and
2. Acquire the skills and knowledge it takes to succeed

• "I don't need to plan... I'm just a small business"
• "I work from home, why would I need a plan?"
• "I'm too busy fighting fires to sit down and write a plan."

Proper Education Top Three Internet Marketing Two-Tier Affiliate Programs
If you run an Internet marketing web site and sell your own products or services, you probably follow up with your current customers using autoresponders and upsell them with products and services from related affiliate programs?Note that if you don't do this, you are leaving money on the table.Why? Simply, your customers have already spent money on your web site, and if they enjoy your product or service, they now trust you.So, if you can endorse a high quality affiliate product or service to your current customershe kind of intense research needed to begin with or, more commonly, failing to seek out and heed professional advice, are common ways in which a business can get off to a bad start." Why Businesses Fail - HNB Bank

"Nine out of ten business failures in the United States are caused by a lack of general business management skills and planning. A good business plan helps identify the mission; cost structure; market; external influences; and strengths and weakness of a business." Small Business Development Center, Troy State University, Troy, Alabama

"Running a business, whether it be an offline multi-billion dollar company or an online part time home business, they share many similar traits. One of the biggest obstacles I have endeavored to translate to many, many small business / home business people, is a very simple phrase...... 'Treat It Like a REAL business, Because It IS a REAL Business'. The fundamental reasoning behind so many failures in small business, is the clear lack of willingness to act like a real business..." Fail to Plan....or Plan to Fail? by Gary Durkin

The reports are clear: businesses fail for two primary reasons:

1. They don't plan out their business, and
2. They don't acquire the necessary business skills and knowledge

So, if one were to learn from the experiences of others, and take steps to succeed, an internet business owner, whether just starting out or expanding a venture, should:

1. Plan out their business operation, and
2. Acquire the skills and knowledge it takes to succeed

It's not hard. Yet, so many, year after year, do not follow such simple advice. So many say the same things:

• "I don't need to plan... I'm just a small business"
• "I work from home, why would I need a plan?"
• "I'm too busy fighting fires to sit down and write a plan."

And the statistics do not change, year after year. So, what can reverse the pattern of failure?

Proper Education Doing Business In The Future - Business Process Management
Business Process Management (BPM) is a set of activities performed by organizations to improve or streamline their business processes. Since software tools are usually used to aid these activities, these software tools are referred to as Business Process Management Systems.- Business Process Management SystemsBusiness Process Management has been in place for some time now. Due to the introduction of software tools, however, there has been renewed interest in the body of knowledge pertaining to BPM. These software tools make desig, they share many similar traits. One of the biggest obstacles I have endeavored to translate to many, many small business / home business people, is a very simple phrase...... 'Treat It Like a REAL business, Because It IS a REAL Business'. The fundamental reasoning behind so many failures in small business, is the clear lack of willingness to act like a real business..." Fail to Plan....or Plan to Fail? by Gary Durkin

The reports are clear: businesses fail for two primary reasons:

1. They don't plan out their business, and
2. They don't acquire the necessary business skills and knowledge

So, if one were to learn from the experiences of others, and take steps to succeed, an internet business owner, whether just starting out or expanding a venture, should:

1. Plan out their business operation, and
2. Acquire the skills and knowledge it takes to succeed

It's not hard. Yet, so many, year after year, do not follow such simple advice. So many say the same things:

• "I don't need to plan... I'm just a small business"
• "I work from home, why would I need a plan?"
• "I'm too busy fighting fires to sit down and write a plan."

And the statistics do not change, year after year. So, what can reverse the pattern of failure?

Proper Education Using Blogs to Make Money
People spend a lot of time online. That is a fact about our society these days. And it seems like the more time we spend online, the more ways people find to make the internet a profit making venture. Relatively any type of business can find at least a little success online, so most now have some type of website of their own. This gives business owners a chance to attract potential customers by offering information about their business via a sort of world wide billboard. This is what has paved the way to using blogs to make money.Bences of others, and take steps to succeed, an internet business owner, whether just starting out or expanding a venture, should:

1. Plan out their business operation, and
2. Acquire the skills and knowledge it takes to succeed

It's not hard. Yet, so many, year after year, do not follow such simple advice. So many say the same things:

• "I don't need to plan... I'm just a small business"
• "I work from home, why would I need a plan?"
• "I'm too busy fighting fires to sit down and write a plan."

And the statistics do not change, year after year. So, what can reverse the pattern of failure?

Proper Education. The Internet is rife with "Get Rich Quick" schemes and promises for "Success in 30 days." Yes, there are some who succeed quickly, just like there are some who win the lotteries, but the odds are overwhelmingly against you. The only REAL, PROVEN, and TIME TESTED way to succeed, is to plan out your business and learn the necessary skills and knowledge.

In this regard, there are no shortcuts. Success is that journey we often read about, a pattern of one successful day followed by another successful day. Read. Listen. Learn. Plan. Today, find a source of information that will teach you how to build a successful business. Learn the website marketing strategies that are working today. Don't worry how long it takes. But start today and learn the skills you need to succeed. Do that, and you can join the 5% of successful, long term, wealth generating internet businesses. I call it the 5% club. I invite you to join.

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