Importance Of A Business Plan Before You Start Your Business

Episode 51


About The Show

It is common and normal to get excited about starting your very own business. Maybe you’re passionate about a particular project or area that you think would make a great business. Maybe you have just always wanted to be your own boss and have some freedom in your life.
Whatever the reason you should always start with a well-researched business plan.
The importance of a business plan can not be overestimated when it comes to starting and running a business.

What You'll Learn!

  • The importance of a business plan
  • How it will help you explore the viability of your business idea
  • How it identifies the opportunities that exist in your chosen market
  • How it will prevent you from making costly mistakes
  • How it will Prevent you from entering into high-risk transactions
  • How it will give you clarity and transparency about what you are signing up for.
  • How it will ensure you are entering into a commitment that will achieve your goals both personally and financially

Links Mentioned

Join other business owners in our Free Facebook Community all sharing their trials, ideas and wins in business. It's a fantastic community of driven and supportive entrepreneurs.



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Full Episode Transcript



Cashflow is critical to success in business. You can have the best business idea ever, but if you can’t generate cash and pay the bills you won’t survive.

Grab my 12 simple ways to boost your cashflow cheatsheet!

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