Business is not merely selling products or services—it also involves making good decisions, managing resources, and effectively managing people. Still, most entrepreneurs commit the same mistakes that hold them back or cause failure. The good news is that with some help and guidance, especially through Management Consulting or Small Business Management Consulting, these mistakes can be avoided. Let us consider some common mistakes in Business Management, their correction, and how Business Consulting Management can facilitate the process. 1. Absence of clear goals and vision. The Mistake: Working without definite goals or measurements of success results in confusion, energy wastage, and lost opportunities.