Website Launched to Help Business Startups Become Long-term Success Stories

Citibooks International Publishing has launched the website www.BestManagementArticles.com, a niche article directory that features thousands of articles in business and management.

Statistics of new businesses formed in the last few decades show that a stunning majority fold up in the first few years. Why is this so? Can the trend be reversed?

"We thought we had a bright future coming when we started our business. We had some capital, a passion to pursue financial independence and a lot of determination. Then the months passed by, then years; suddenly we found ourselves in the throes of bankruptcy."

A lot of people get attracted to go into business. The reasons are varied. They don't want to have a boss; they are tired of their jobs and just want something new; they want financial independence; they salivate at the prospect of earning huge amounts without
working too much, and the list goes on.

The first problem that they have is what business to go into. The textbook advice of going into a business where your interests are is not exactly practical in many instances for so many reasons.

Then there is the problem of how to proceed after one has decided which business to enter. Where to get the capitalization? What organizational setup to adopt? Where to get the right advice? How to write a good business plan? What pitfalls to look out for when starting? How to sustain your success?

The main reason for the failures of most start-ups is that they did not have their business strategies planned out properly. They jumped right in without studying the ins and outs of the business they were entering and hence failed to institute the right strategies and safeguards.
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The saying "Failing to plan is planning to fail" is not any less truer in business. It is even more so, with so many failure factors just lurking in the corner waiting to pounce on the unprepared.

According to Ismael Tabije, Publisher of www.BestManagementArticles.com, "The best defense against failure and the best assurance to success is knowing how to move forward and doing it in such a way that you are moving faster than your competitors who are also moving forward themselves. In most instances, there is no need to reinvent the wheel. The strategies of people who have already succeeded are the very key to our own success. It's just a matter of finding those ideas and implementing them in our own business
endeavors"

For comprehensive tips, ideas, and strategies for starting and running a business, visit www.BestManagementArticles.com.