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When planning a new business, so many business owners never get around to drawing up a proper, well researched and accurate business plan. Many simply never think that far, others convince themselves that the cost is simply out of their range.
Often, they are correct! A professional business consulting strategist will cost you!
A business plan is a key element in steering your business into the future. This is part of the reason why so many new businesses fail in the first year. Also, if you require financing, no financial institution will give you the time of day if you do not have a business plan. A GOOD business plan