Startup companies are businesses in their early stages. They are new to the industry but bring innovative ideas or technologies to the table.
However, startups usually mean the lack of established processes can lead to different pitfalls. Because of unproven business models, it can be difficult to gauge how they perform in the long run. Those in highly competitive markets also struggle to stand out from the crowd.
Many startup companies run into the same pitfalls during their first few years. B