Be your own boss: How to develop a business plan
Have your strategy clearly mapped out well in advance of entering the fray, writes Patrick Sutton.
I've often been asked by business owners what the most important aspect of a business plan is. My answer sometimes surprises them, when I say it's the journey you take in preparing the plan and not the plan itself.
A business plan is a road map for success in the future based on your knowledge at a point in time. For established businesses the plan will be reviewed annually whereas for start up businesses the...
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