| Nov 2, 2009: Speaker: Patricia Yip, CEO, Ace Business Consulting International
Venue: HKUSPACE Topic: Why Most Small Business Don’t Work and What to Do to Avoid the Common Pitfalls
Businesses start and fail at an alarming rate. Statistics show that 80% of SMEs go out of business within the first five years of start up. Of those that survive, another 80% fail in the subsequent 5 years.
The myth is: why is it that, despite ample information, availability of high technology, courses and books that teach people how to run successful business, yet so many SMEs fail to succeed? The problem is not because the SMEs don’t work, the problem is that they’re working too hard on the wrong work. As a result, most of SMEs end up in chaos – unmanageable, unpredictable and unrewarding.
This seminar will show you how to build a business what works,how to avoid the common pitfalls,so that you would have a better chance of saving your business and your life.
You will learn: The fatal assumption of running business The three conflicting personality of business owners Starting small business in China and its difficulties How to work on your business, not in it The seven distinct steps of your business development program.
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