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Business Plans The Beginning And End For Most Businesses
By Gary Granai
Does your business plan include a section on planning for failure? If not, why not?
Most businesses fail. And in many cases businesses fail unexpectedly leaving the business owner stunned and at loss about what to do. In other cases, business owners continually feed cash and everything that they have into a failing business, getting in so deep that when they finally give up they have taken a big loss. And then they are stunned by what they have to do to unwind the legal parts of their business.
And then if the business grows, often the business owner is not sure what to do with the growling monster that wants constant attention.
A business plan should in...
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