Business Plan should be written not only with your business in mind but also your lenders in mind . Bankers would like to see your business in 5 to 10 years time to consider giving you a loan for your expansion. These are a few tips for writing a Business Plan with lenders in mind….
Month: April 2017
One thing I noticed is that many entrepreneurs succeed because they have experience in the military before entering the business arena. Could it be that these factors cause long lasting business? The business areas which do require superhuman strength. In addition it requires strategic planning, tactical and operational or logistical good. This is all taught…
One way to ensure your business longevity is to have a process that is complete. This process needs to be charted on a piece of paper with the name of department or individuals who are accountable even if the business is small. How small a business must have a process starting from the purchase of…
12 mistakes that I made in my first year of being an entrepreneurs: 1. I almost lost confidence. 2. I wanted to be a CEO too fast. 3. Seek advice from too many people. 4. Do not know how to ask for advice. 5. Forcing people to buy rather than influencing them. 6. Living in…