Not creating a written business plan.
Ignoring the internet.
Inconsistent branding of your new business.
Insufficient funding or lack of credit options to get funding.
Picking the wrong business structure (LLC, INC., LLP).
No financial reporting.
Giving credit to customers without proper credit checks.
Poor pricing and cost estimating.
Insufficient financial management skills.
Poor hiring practices.
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Nice writing style. I look forward to reading more in the future.