When a person has an idea for a business, most of the time they will try to get it off the ground immediately without too much thought. However, if you want to start a business, you need a strategic plan.
Sadly, 10% of startups fail within the first year. There are a lot of reasons for it, but it’s mostly because these entrepreneurs don’t map out a strategic plan. With this plan, you can ensure your time and money aren’t wasted because you know what goals you need to focus on.
Communication is key
No amount of careful planning can get your business off the ground if you only keep that plan to yourself and don’t share it with the rest of the company.…Continue reading