Launching a business can be like opening a can of worms

04/15/2014 | New York Times (tiered subscription model), The

A business dealing in worms for fishing may not sound complicated, but a youthful plunge into dealing so-called Louisiana Pinks proved that all businesses require specialized knowledge, writes Cliff Oxford, founder of the Oxford Center for Entrepreneurs. Don't let your initial passion for a product or service blind you to the hard calculations and foresight necessary to make any business a success, Oxford advises.

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New York Times (tiered subscription model), The

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