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Business strategy
What is the first thing to consider in starting a new business?
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[QUOTE="Ummigal, post: 80062, member: 28946"] I also think having a "PLAN B" is also important. But sometimes, having a plan B makes it looks as if you think it might fail. Don't get me wrong, having a plan b is very necessary because the plan B will prevent you from falling totally if the business you are venturing into does not work as planned especially when you don't know much about the business. But if you passed through apprenticeship before starting the business, then you might not need a plan B as you would be very equipped both strategically and mentally. [/QUOTE]
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What is the first thing to consider in starting a new business?
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