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Most Successful Small Businesses of 2020


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The Small Business Administration is a great place to start if you want to learn more about the most successful Small Businesses in America. There are many books, and articles written on this topic. Most are very helpful and informative but the only ones I have seen that actually take into consideration the future are the ones that give advice for the current year and then project for the next five years. This is too risky to be a good guideline. It will probably be mostly wishy washy because there is so much that can change in a year and not enough to blame anyone but yourself or your company for that.

 

So what Small Businesses are most successful in the present? There are many success stories of small business on the internet that can be found by doing a search, but there are also many failures. It seems that no matter how hard you try many businesses are not successful and those who are usually have a lot of external factors to blame.

 

You need to take a step back and look at the situation from a year to five-year perspective. If you have a good solid business plan with an excellent consultant and accountant than you are well on your way to being successful. Many of the most successful small businesses were built on solid foundations and had a great mentor to guide them. Do not get cocky and think that you can build a great business with a great business plan and then just keep using the same techniques or getting the same consultant to renew your business plan every five years. This will not make your most successful small businesses most successful.

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