- The most common and biggest mistake made by entrepreneurs is not having sufficient money.
- The primary reason to prepare a business plan before you begin is to create a tool to deal with investors and financing sources.
- In preparation of financial projections for your business plan, it is as important to estimate long range sales and earnings as it is to project short-term objectives
- Pre-employment screening is of greatest importance when you're starting out.
- Self Insurance is an acceptable cost-saving strategy for a start-up business.
- In most cases, the very best way to become qualified in a business you intend to open is to:
- Starting a "hollow corporation" means:
- You have always dreamed of opening a hardware store but now that you're ready to start, you realize that the Home Depots of the world would be too hard to challenge. You should:
- What is the single most frequently made mistake that leads to failure?
- In buying a business, it is usually recommended to purchase the stock of the business rather than the assets of the business.
- If you are planning to open a doughnut shop, it would be a good marketing strategy to sell ice cream during the summer when the doughnut business slows down.
- If your cash flow projection indicates a negative cash flow six months down the line, the FIRST remedy would be to:
