SMALL business owners have revealed what they wish they knew before starting out, including being prepared to make sacrifices.
To those considering starting their own business, advice included not being too downhearted if success isn’t immediate – and don’t try to do everything yourself.What business owners wish they had known when starting their business “What is evident is the emergence of the need for confidence, and to surround yourself with the right kind of expertise such as bookkeepers or financial management advisors.
The study also revealed 44% felt a lot of business admin got in the way of what they wanted to do when they first launched. However, in the last 12 months, 37% said their lack of financial organisation has proved problematic, due to the unexpected change in the business landscape.