However, only 33 percent will endure for more than a decade.
One of the primary causes of business failure is cash flow problems.
Sergey Grybniak, the founder ofOpporty.com, took these stats seriously and decided to do something about them.
Adequate Online Exposure Should Not Be Overlooked
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That bang out of growth requires smart marketing and networking.
But what about your companys online exposure?
To succeed in the competitive online marketplace, you have to confirm your firm is easy to find online.
This requires developing an effective search engine optimization strategy, however reaching your target audience takes time.
Even if you have a solid SEO strategy, conversions are not guaranteed.
Opporty Utilizes an Innovative Approach
Many entrepreneurs overlook the importance of innovation in achieving business success.
However, the founder of Opporty did not allow this opportunity to pass him by.
The Opporty platform utilizes blockchain technology that facilitates the development of small businesses.
Every minute, numerous transactions take place, including payments, orders, and account tracking.
Since each participant has its own ledger, each has its own version of the truth.
Having multiple ledgers can easily lead to errors, fraud and inaccuracies.
Blockchain technology makes it possible to observe a transaction from beginning to end, eliminating vulnerabilities.
With blockchain, a single shared ledger records all transactions.
Once recorded, they cannot be changed.
All parties are required to give their approval before the addition of a new transaction to the internet.
Blockchain technology offers many advantages for businesses.
Opporty provides a unique background for businesses, contractors and freelancers to become part of a powerful community.
Story bySophia Addison
Sophia is an enthusiastic blogger and health and fitness expert.
She is very passionate about writing on health, fashion, technology, education, travel etc.
She is associated with Gyanne.
