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October 11, 2007

Why Do So Many Small Businesses Fail?

Categories: Trends Admin @ 7:48 pm

According to the U.S. Small Business Administration, roughly 50% of small businesses fail within the first five years. Research indicates that poor planning is responsible for most of these business failures. According to the SBA “Good organization of financials, inventory, schedules, and production ­can help you avoid many pitfalls.” LongJump is designed to help small to medium size business master many of these disciplines.

LongJump provide a suite of applications in our application catalog that help address small business needs in these areas including financial applications like the Vendor Manager, business and project management solutions like OfficeSpace, human resource management applications like the Employee Manager and Job Leads, and others are aimed at helping small business owners be more successful.

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