Launching a service-based business is so appealing to entrepreneurs because these businesses are the easiest to start with no capital. Any person can launch one simply by creating a website outlining their offerings and promoting their service for free on social media. On the other hand, product-based companies have to invest a ton of money in purchasing materials from vendors to create their items, manufacturing equipment, shipping supplies, and more.

Are you finally ready to launch the service-based business of your dreams? Congratulations! You are probably excited to spread the word about your company, build your customer base, and see what the future holds. During my more than 10 years as a software developer, and as a co-founder and operating partner of CiteMed, I have discovered some of the top problems that can hurt the progression of new service-based businesses. Avoid the critical mistakes detailed below so your new venture can thrive in the long run.

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