From working too many hours to being let down by a vendor and underestimating costs, a new survey reveals the biggest hurdles business owners faced when first starting out.
A survey of 1,000 small business owners (SBOs) and freelancers conducted by Talker Research on behalf of HP for its Instant Ink service pinpointed the things they wish they'd known from the start.
Results showed financial missteps as one of the most common challenges SBOs faced – underestimating just how much things would cost and ensuring proper cash flow impacted over a third of SBOs (36%) early on.
Wishing they’d had more support or been able to do more marketing was the second-most mentioned area (29%), while being able to maintain a good work-life balance was something over one in four (27%) business owners and freelancers said they found difficult to manage.
A survey of 1,000 small business owners (SBOs) and freelancers conducted by Talker Research on behalf of HP for its Instant Ink service pinpointed the things they wish they'd known from the start.
Results showed financial missteps as one of the most common challenges SBOs faced – underestimating just how much things would cost and ensuring proper cash flow impacted over a third of SBOs (36%) early on.
Wishing they’d had more support or been able to do more marketing was the second-most mentioned area (29%), while being able to maintain a good work-life balance was something over one in four (27%) business owners and freelancers said they found difficult to manage.
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