Few bad habits that kill small business

After graduation from college, most of the jobs that I worked at were with small businesses. I believe I have learned most of my skills in management and organization form working with small businesses.

Almost at every small business I worked at, I noticed the following few bad habits, that in some instances led to the closing of the business:

1- To save money, most small businesses start with not well trained staff
2- Working at small business, some staff members don’t understand that the benefit system at the small business is not like the one they can find at large corporations and many small business owners fail to explain this to the new hires
3- Many small business owners based their business plans on hope more than on facts
4- In order for the small business to survive, each employee will have to do more than his/her share of work, sometimes employees have to go out of their way to make things happen, but some employees don’t understand that and only want to do what they were hired to do
5- Many small businesses were started by successful engineers, IT professionals, investors, etc, but these individuals were not successful at running a business and eventually the business went down

These are the few bad habits or bad signs that I have seen at few small businesses that I worked at.