Are you in the process of starting a new business? Want to know the common pitfalls you need to avoid?

Starting a new business isn’t easy. According to stats 50% of business fail in the first year and 90% of businesses fail within 5 years, so you have your work cut out if you want to succeed in today’s increasingly competitive world of business.

For some common mistakes to avoid take a look at this infographic from Self Employed King.

16 Common Mistakes to Avoid When Starting Your Own Business