A lot businesses fail, especially new ones, because
they spend too much on shiny new objects that
look good and make the owner(s) feel good that end
up on the auction block for pennies on the dollar
Customer service and attentiveness is where so many fail, i see a
local black Franchisee with a good national
brand premium priced food product (spiral ham) have some of their
family as begrudging staff. they are polite they just don’t do the
schmoozing/upselling they need to do to really prosper IMO
Exactly. Well said.
The whole idea that raising taxes stimulates the economy is a pipe dream.
I admit, I’ve know some business owners that do not make decisions or manage people well. And, as you state, they won’t be in business long.
When faced with rising taxes, MOST businesses will NOT increase their spending as has been postulated.