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Follow on Google News | Managing Your Thriving Business For Success Debuts!Announcement of new book to assist businesses in managing their thriving business.
According to the Small Business Administration, the estimates for businesses with employees indicate there were 649,700 new firms and 564,900 closures in 2006. They also indicate that two-thirds of new employer establishments survive at least two years, and 44 percent survive at least four years, according to a recent study. These results were similar for different industries. Firms that began in the second quarter of 1998 were tracked for the next 16 quarters to determine their survival rate. Despite conventional wisdom that restaurants fail much more frequently than firms in other industries, leisure and hospitality establishments, which include restaurants, survived at rates only slightly below the average. Earlier research has explored the reasons for a new business’s survivability. Major factors in a firm’s remaining open include an ample supply of capital, being large enough to have employees, the owner’s education level, and the owner’s reason for starting the firm in the first place, such as freedom for family life or wanting to be one’s own boss. They attribute much of their success to various key factors, including good time management and scheduling, setting goals and evaluating them continually, setting boundaries and sticking to them, good business planning, both short term and long term, and much more. That’s where “Managing Your Thriving Business for Success” comes in. This manual will give you the tools to successfully manage your own thriving business and then you can say that your business is in the SBA’s statistics of being a surviving and thriving business. Don’t you want to be one of those businesses that grow? # # # About Managing Your Thriving Business for Success For more information about Managing Your Thriving Business for Success and how you can manage your thriving business, visit the Web site at http://www.thrivingbusinessmanual.com/ Website: www.thrivingbusinessmanual.com/ End
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