There are certain entrepreneurs who simply don't enjoy the accounting side of their business and would rather work on the creative side of things.

Far too many entrepreneurs believe they can do everything for their company, sacrificing sleep and time with their families to make sure everything gets done.

Lean startups are constructed upon validated learning, scientific experimentation and a consistent product, in hopes that it will lead to shortened product development cycles, the ability to better measure progress and opportunities to receive valuable customer feedback.

Business owners who believe they have the skill set to take their firm to the next level should look no further than ABC's Shark Tank to see how they stack up with some of world's most innovative entrepreneurs.

When creating a budget for their small business, entrepreneurs are tasked with a number of challenges, including projecting potential investments and developing an affordable marketing strategy.