Thursday, August 19, 2010

What advice would you give a new business owner about strategic planning?

Focus on cash flow. Get money coming into your company. It is more important than anything. Get paid for what you do, FAST.





Try not to have a few large clients. Get many small clients. You will learn quickly from them and they will not jerk you around. They will pay you faster, too.





Try to grow along with your needs for business. If you increase your operations too soon, you will lose money. If you do it too late, you will lose customers.





Good luck. Dont give up.

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