Top reasons why businesses and careers don't take off

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Did you know that for every ten small Brazilian businesses opened, three close their doors within two years of operation, according to Sebrae? There is no magic formula for success, but there are certain factors that can significantly reduce the likelihood of failure.

We've gathered the main reasons why businesses and careers don't take off (and why you can also undertake your own career) and a method we use in our program for entrepreneurs, the Slap in the Face . So before making any decision about your career or business, read on until the end!

Top reasons why businesses and careers don't take off
Not seeing the long term
The first reason why businesses and careers don’t take off is a lack of planning. Many people are so focused on short-term problems, which are more urgent and easier to see, that they forget to plan for the long term. We call this lack of planning entrepreneurship #nastoramode.

Being aware of the next steps for your business, possible unforeseen events, extra expenses and bureaucratic processes, allows you to prepare in advance and keep the operation healthy.

Lack of financial control
In addition to the lack of control and monitoring romania phone number lead of finances, many new entrepreneurs are unaware of many of the financial concepts that are essential for running a business. Robust financial control, which goes beyond cash flow control, ensures the health of your business.

Do not separate CPF and CNPJ
It is common for companies that are just starting out and do not yet have a more structured team and processes to have the owner's personal expenses paid with company money. This can lead to several financial problems. If the company opts for the real profit tax regime, for example, it will generate higher tax expenses. The ideal is to have a salary established and use these withdrawals to pay personal bills.

Search for the perfect product or service
The business planning process usually lasts for many months and is essential to lay the foundations of the company to start selling. However, many entrepreneurs get stuck at this stage, spending a lot of time and money trying to come up with the perfect product or service.