Sal Taddeo is an experienced entrepreneur who has started numerous businesses during his career. Sal Taddeo is the President and founder of Salangi Enterprises LLC, which is a consulting firm, and Sallee Figs, who can be reached at http://www.salleefigs.com or via the company email at firstname.lastname@example.org. His experience allows him to avoid many of the mistakes that beset novice entrepreneurs when they form their own businesses.
Poor Business Planning
Your business plan must be kept concise, with important information being placed front and center for investors and borrowers to find, but this isn’t an excuse to skimp on the details. Doing so may mean you miss something important that affects the prospects of the company going forward, so pay attention to everything conceivable factor.
Not Considering Marketing
Many new business owners, particularly those operating on limited budgets, fail to put proper marketing plans into place. This means that they struggle to achieve exposure early on, which can lead to the failure of the business if the situation continues. Put aside a specific budget for marketing and examine all of the avenues that are available to you to come up with a plan.
Ignoring Valid Criticism
Always remember that as great as your idea may be, there will always be people who can offer criticism. While some of this will not be useful to you, it is important that you pay attention to all of it. In some cases you may find that criticism highlights issues that you hadn’t previously considered, which allows you to make early improvements to the business.
Sal Taddeo is an experienced entrepreneur. He can be reached by calling 732.864.4147.