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All Entrepreneurs Should Avoid These Mistakes

Entrepreneurs Mistakes picAll first-time business owners make mistakes , so don’t beat yourself up when it happens to you! However, to the extent you can obtain advice that will help you avoid the most common and significant mistakes, you should seek it. Below are a few pointers for you to consider:

  • Be picky in your hiring . When your company is just starting out and there are only a few employees handling all of the work, it is imperative that you can trust them to do their jobs. It is important that you fully understand what the job entails before you hire somebody. This will help you determine if the applicant is qualified for the position. If you’re not sure what the job requirements should be for the position, ask other people in the business. Most other entrepreneurs are happy to share their tips and advice.
  • Consider having a partner . It can be extremely difficult to start and operate a new business on your own. Having another person to bounce ideas off of and to share the responsibilities which can help ensure long-term success. Your partner can balance your strengths and weaknesses. Additionally, your business is more likely to grow quicker if you are not handling everything alone.
  • Get help . Entrepreneurs should seek advice and guidance anywhere they can get it. While it may be important to secure trademark protection for your ideas, you should also take every opportunity to obtain feedback on your business plan, services or products. The ability to execute on your ideas is what makes them valuable. Having one of our business attorneys on your side can help you understand where your time and money should be spent.

The above are general pieces of advice, but for more individualized guidance, contact one of our business attorneys to schedule an appointment. The Swenson Law Firm is located in Sacramento County and we proudly serve businesses of all sizes from all over the State of California. Contact us today to learn more about how we can assist you with matters such as trademarks, defending lawsuits, business formation, contract negotiations, hiring employees, and protecting your intellectual property. With our years of complex business trial and litigation experience, we are an effective, efficient and affordable choice in representing you at the bargaining table and in the courtroom.

 

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