Tag Archives: business plan

Practical Business education actionclub

Will your business still be around in 5 years? And how do you make sure it is?  According to the Small Business Administration (SBA)* 20% of small businesses fail in the first year, 50% after five years, and only 33% make it to 10 years…

Back away from your business

Quick question: do you know the value of your business?  Most business owners I speak to can readily tell me: How many customers they have What their revenue is How much profit they make But not too many can give me a confident answer when…

Importance of a business plan

Did you know……only 2% of business owners have a plan. And even less stick to it! However, the value of having a business plan is undeniable. Studies show that planning improves business performance and helps a business grow 30% faster than those that don’t.  We…

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