Another great post from my good friend Karl Palachuk on thinking about your business plan. Check it out here.
This is not a short-cut or a get rich scheme, but merely some very useful advice if you’re struggling to get your thoughts & plans down on paper. Good opportunity as we head into the silly season to take some time out & sharpen the saw.
If you haven’t already, please stop reading this & go & add Karl’s blog to your required reading list. He has one of the most pragmatic, honest and above all, successful SBS practices worldwide & what’s more, is happy to share & discuss with like-minded partners. Definitely someone we can all learn from.
"Most small business owners hate finances. That’s one good reason so many go out of business. They’re no better off than someone who doesn’t know a balance sheet exists! If you don’t pay attention to money in and money out, I promise that more will go out than in. That’s the nature of the universe."
Cheers & enjoy,