Business- THE CHIEF STRATEGIST WAY!
Having mapped out your business dream, your financial plan will help you put numbers to it.
In planning the financials of your business, it is important that you are realistic about it. By that I mean considering every aspect of your business from the major to minor possible opportunities and pitfalls.
From cost of opening or launching your business; projection of your income and expenses to the initial capital you’d need and how to access them.
In determining how much it will cost you in starting out. It’s important that you are real and honest with how much money your business will spend, earn and forfeit while understanding and taking into consideration the gestation period of your business.
Carefully counting the cost of starting your business and budgeting right is of essence.
I remember the CHIEF STRATEGIST saying in Luke 14:28 Boulevard that:
” Is there anyone here who, planning to build a new house, doesn’t first sit down and figure the cost so you’ll know if you can complete it? ”
So think through it carefully and I’d see you next week BHG on those start-up cost elements.
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Truly Rewarding 2016 it is.
Have a Redefining Week. Good morning!