Articles tagged with: Business Planning
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Businesses all over the world have a false thing going. It is rumored that you simply have to grow big. You got to have over 9000 employees and be present everywhere. Some businesses are indeed thirsty to have their footprints all over the place. Is this what every aspiring business needs? No. It doesn’t need to grow, it needs to be profitable! Both aren’t the same.
How does one ensure that the business grows profitable and not just BIG?
1. If you can afford it, don’t grow : There are numerous advantages …
Business General »
Businesses fail, don’t they? You would have seen a million articles throw numbers and statistics at you — I wonder where these numbers come from — like 95% of businesses fail in the 1st year alone and so on. The veracity of those numbers is hard to nail at, but one thing does stand out: Businesses DO fail. Here are top 5 financial reasons why they do:
Over-estimated Sales Forecasts: Businesses, more often than not, tend to be a tad overshot on the forecasts front — investors have to be convinced; …




