5 Top Tips to Create a Business Plan - Part 2

This is part 2 of a 2 part series with the first part available by clicking here.

3. Analyse your competition

It is very important that before you launch your service or product you analysis your competition. Knowing your competitiors strengths and weaknesses is very valuable information in terms of making your business

Fail to Prepare, Prepare to Fail

Perhaps the title for this blog sounds a bit extreme. However you can be fairly certain that if you do not prepare your entrepreneurial idea from start to finish it might not even get off the ground.

It's an unfortunate but true reality that many businesses that start up don't make it past the first year. At present the aspiring entrepreneur is further hindered by the current economic climate. Ironically, if the current economic situation is to improve more entrepreneurs and small businesses is exactly what is needed.