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Here Are Common Mistakes New Small Business Owners Make (and How to Avoid Them)

Launching a small business is an exciting milestone — but it often comes with avoidable missteps. Many first-time owners underestimate the time, complexity, and resource balancing required. Below are the most common pitfalls, along with practical ways to steer clear of them.    1. Rushing Without a Plan One of the biggest mistakes is starting operations without a clear roadmap. Business plans help clarify your target audience, finances, and growth path. A plan doesn’t need to be 100 pages — even a lean