It has been discovered that most new businesses fail due to inadequate understanding of good business management techniques. As a result, commercial banks and other financial institutions are reluctant to lend to them. Experts note that fundamental business management skills can assist these business owners in making good business decisions. According to them, not all…

1. Know who you’re dealing with Try to find an artisan physical address (not a P.O. Box) and phone number. With internet phone services and other web-based technologies, it’s tough to tell where someone is calling from. Do an online search for the company name and website, and look for reviews. If people report negative…

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