- Not having a business plan
- Not having a marketing plan
- Being impatient
- Underpricing your goods or services
- Overspending
- Not being able to delegate
- Failing to have contracts with other owners or partners
- No insurance
- Forming the incorrect business entity
- Not having a good attorney to assist you If you are a new business owner who could use some assistance with your business, feel free to contact our law office at 816-524-4949 or Choorfar@Hoorfarlaw.com.