PR Can Cure for Small Business Failure: How to Nudge Your Business Toward Success

Topics:
Bankruptcy,
Public Relations
Tags:
Corporate Communications,
Entrepreneurship,
Failure,
Management,
Marketing,
Public Relations,
Small Business,
Steven R. Van Hook
Source:
Steven R. Van Hook

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Overview: When small businesses fail, the wreckage is often assigned to undercapitalization, among other mistakes. Seldom is failure attributed to a lack of effective communications that might have modified the behavior of sales prospects in a positive way, thus averting bankruptcy. As the entrepreneur, one cannot rely on financing source to create the broad public exposure the business needs if it is to survive.

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