Tuesday, August 10, 2010

Welcome to the Reality of Business Budgets and Planning

Plan for the worst, not the Best!

If you had a business plan before starting your business, you can avoid problems as early as possible. A business plan helps you to anticipate your capital needs. And even without the guidance of a business plan, you should have a realistic feel of your capital needs even before profits starts to flow-in. And by setting budgets that are realistic and honest is the most basic yet difficult. We need to know exactly how much it will cost to run our business and thus how much money we will need to cover those costs.

Wednesday, August 4, 2010

Does Your Circle of Influence a “Gain” or “Drop-off” to Your Success?

Have you experienced being unlucky with your new home-based business opportunity, distributorship, or even a small franchise only to find out that the success you’ve been expecting were not taken into reality? I feel for you; however, you’re not alone. There’s a lot of people experienced venturing into a business only to NOT see the right Circle of influence you were sold on. That positive air in your environment was not there anymore.