January 15, 2016
Keeping any business open is challenging, and CNC machine shops of all sizes are no exception. According to the Small Business Administration 50% of businesses fail within the first five years, and two-thirds fail within 10 years.
Sometimes business owners realize things are going the wrong way, but don’t know why. While there may be many reasons why a business gets in trouble, these five issues tend to be at the top of the list: