They simply “open their doors” for business and then expect to succeed. Before starting your business, take the time to develop a Business Plan. Your plan will identify what you want your business to accomplish (where you want to go) and the strategies that you will utilize (how you will get there). No Business Plan You‘ve heard the old saying “If you don’t know where you are going, how will you get there?” Too many business owners start their business without a plan. ENRON: THE SMARTEST GUYS IN THE ROOM WHY BUSINESSES FAIL
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