Not many small businesses have prepared a business plan.
How can anyone risk their savings and their dreams to open the doors of their new business without a plan?
Don’t get me started! You wouldn’t go grocery shopping without some sort of plan – the shops you need to go to, the route to them in the right order, preparing a shopping list and taking it with you, making sure you have enough fuel in the car, working out where you will park.
Yet many people start or run a business without any plan at all – and a to-do list does not constitute a plan by which you should risk your thousands of dollars!
Now if you do have a business plan, good on you! It means you are taking this seriously, as you should!
But let me ask you this – are the goals that you have listed long-term goals or short-term goals? Read More