Starting a business is easy....

Anyone can actually do that.

Staying in the business, however, is where the work is...

it is certainly not an easy job.

Research has shown repeatedly that most small businesses do not survive their 5th year anniversary.

What that means is that most small businesses fail within the first 5 years in business.

This is rather unfortunate but that's the sad reality..

A lot more businesses will survive beyond the 5-year rule if they paid more attention to what is important in their business.

As a start-up entrepreneur, there are key areas of your business that you cannot afford to leave to chance.

As a matter of fact, part of the start-up budget should go into financing these important aspects of your business.

Take it from me, whether you accept it or not, you cannot afford to mess with the legal part of your business.

If you truly run a scalable business, then you most likely have a legal adviser/Company Secretary for your business.

In addition, you also have an accounting service that takes care of the figures in your business.

If you don't, then you don't have a business, what you have is an unstructured hustle.

And Guess what?

No investor, whether Angel or Demon would want to invest in an "unstructured business".

By not paying attention to the legal aspect of your business, you do yourself and your business a lot of harm.

Your business becomes vulnerable and it is exposed to a lot of risks and just like we earlier pointed out, such businesses will hardly survive their fifth (5th) year anniversary.

Don't let this be the fate of your business.

 Starting and growing a business is like having a child your negligence and carelessness could lead to its death.

As I end this post I want you to think about this question and answer it as honestly as you can.

Don't tell me your answer, but tell yourself the truth and then do the needful.

Can your business go beyond the five (5) year rule going by the current structure in your business?

More specifically, Do you even have a legal structure in your business?

You don't need to answer, but if you need help, I am here for you.

Just reply to this email and we will take it up from there.

Cheers!