As a small business owner, you probably deal with all of the problems in your business. You handle all of the paperwork and the bills. You deal with the difficult clients. When the hassles never seem to end, is it time to throw in the towel?
There is nothing wrong with quitting. Sometimes a business is not worth continuing. So, when is it time to quit without feeling guilty?
- You are losing money instead of making any. We all know that it takes money to make money but if you are not making any money and instead are spending a lot of your hard earned money on your business with no signs of bringing any in, it might be time to quit.
- You are losing interest. There are times when you don’t want to quit because you have invested so much time and energy into your business. However, if you aren’t interested anymore, how can you interest others? You won’t be able to get new clients if you are not passionate about your business.
- There are no clients. There is no business without clients. Even if you feel like you have the best business plan, if you don’t have anyone interested in buying your product or services, you don’t have a business. Make sure you do your research before you invest too much into your business.
Many people hate to quit, especially small business owners who have invested time and money into their business. However, there are times when you should quit. If you are losing money or interest, you might want to quit while you are ahead. Also, if you don’t have any clients, you don’t have a business.
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This article is published by Will Sherwood | The Sherwood Group |Website Design | Graphic Design | Marketing Communications: The Sherwood Group has over 30 years of experience working with all sorts of companies, small and large. Our clients range from entrepreneurs to Fortune 500 firms, in nearly every business sector, from across the street to around the world (and yes, even Europe, China, and South America). Our goal is to create advertising, graphic design, website design, and marketing communication that still looks fresh and relevant 10-15 years later. Our mission is to stir your imagination and leave your competition shaken and wondering, Now what do we do?” We are located in Myrtle Beach, South Carolina.
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