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Starting a new business can be an exciting but daunting task. As a new business owner, you may have a lot of questions and uncertainties about how to navigate the challenges that come with entrepreneurship. That's where expert advice can be invaluable.
With an Extended Postgraduate Diploma in Aspects of Preparing to Set Up a New Business, you have already taken a significant step towards equipping yourself with the knowledge and skills needed to succeed in the world of business. However, having access to expert advice can further enhance your chances of success.
Here are some important statistics to consider when seeking expert advice as a new business owner:
| Statistic | Importance |
|---|---|
| 82% of businesses fail due to cash flow problems | Expert advice can help you manage your finances effectively and avoid cash flow issues |
| 50% of businesses fail within the first five years | Expert advice can provide you with strategies to sustain and grow your business in the long term |
| 67% of small businesses fail due to lack of a well-defined business plan | Expert advice can help you develop a solid business plan that outlines your goals and strategies |
By seeking expert advice, you can benefit from the knowledge and experience of professionals who have successfully navigated the challenges of starting and running a business. Whether it's financial management, marketing strategies, or operational efficiency, expert advice can provide you with the guidance you need to make informed decisions and achieve your business goals.
As a new business owner with an Extended Postgraduate Diploma in Aspects of Preparing to Set Up a New Business, you have already demonstrated your commitment to learning and growth. By supplementing your education with expert advice, you can further enhance your chances of success and build a thriving business.
Remember, success in business is not just about what you know, but also about who you know. By connecting with experts in your industry and seeking their advice, you can tap into a wealth of knowledge and experience that can help you overcome challenges and achieve your business objectives.