JK WRIGHT Executive Summary

19TH DEC 2014 | 1 NOTE


In researching the success and failures of small businesses you will find different statistics. Some research shows that nine out of ten small businesses will close within the first five to ten years. Others state that fifty percent of all small businesses will close within the same time period. The one thing all the research has in common is the reason for the closures.

“A report on business failures cites poor management as the number one reason for failure. New business owners frequently lack relevant business and management expertise in areas such as finance, purchasing, selling, production, and hiring and managing employees. Unless they recognize what they don’t do well, and seek help, business owners may soon face disaster. They must also be educated and alert to fraud, and put into place measures to avoid it.“ -SBA

JK WRIGHT was formed to help small business owners avoid these obstacles by offering a full array of back-office services focusing on the types of business functions that lead to the closure of so many small businesses. We also offer assistance with marketing, research, legal and information technology. JK WRIGHT’s goal is to help small business owners streamline their organization, improve efficiency and reduce costs so that they can focus primarily on their product or service.

Originally posted on Tumblr on December 19, 2014