business success tips

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Business Success Tips

Running a small business that reaches success can at times be difficult, but not impossible.
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Dont put that business plan in a drawer and forget about it. No matter how busy you are, set aside at least one hour a week to assess your progress toward the goals youve set. Together with your partners and key employees, create action steps and set deadlines for accomplishing them.

Stay Focused
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Understand the Risks and Rewards
Create the right legal structure
Test and measure everything
Dont discount add value
Get cash flowing ASAP
Think hard about whether insurance is necessary
Start socializing
Prepare to Make Sacrifices
Set aside self employment taxes
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