Most new start-up business owners generally face difficult challenges during their first five years in business. Research indicates that a majority of these business owners start their business without a well-defined business plan, inadequate working capital, and also a lack of managerial experience. Today, most small business owners are finding out the hard way that the old basic premise that all you need is an idea and a little cash is just a myth.

In terms of minimizing or avoiding a potential bail out situation depends on how bad things really are. The following factors must be considered before any major decision is made regarding staying on course or getting off at the next exit.