Share your experience or warnings.
First off, write a business plan! Plan, plan, plan, you can’t possibly plan enough. Then get financing. You can’t have too much of this, either, but be careful what you spend it on. Make sure you have a budget, and stick to it! Also, make sure nobody gets into the cashbox! You should be the only one handling the finances, though your accountant can keep track of them for you.
April 27th, 2010 at 10:44 am
First off, write a business plan! Plan, plan, plan, you can’t possibly plan enough. Then get financing. You can’t have too much of this, either, but be careful what you spend it on. Make sure you have a budget, and stick to it! Also, make sure nobody gets into the cashbox! You should be the only one handling the finances, though your accountant can keep track of them for you.
References :
former business owner