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Four disconnects that ruin business plans

“Most business plans I see are beyond useless. They don’t help me understand clearly how the promoters will reach their goals and, most importantly for me, how we are going to be […]

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STOP WISHING FOR SUCCESS: START PLANNING FOR IT

Recently someone asked me why she needed a business plan if she was getting all the funding she needed from friends and relatives. It appeared to me as if she was thinking […]

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20 REASONS WHY YOU NEED A BUSINESS PLAN

1. To prove that you’re serious about your business. A formal business plan is necessary to show all interested parties — employees, investors, partners and yourself — that you are committed to building the business. […]

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BETTER FINANCIAL CONTROL IN YOUR HANDS

Financial Intelligence is a vital tool for anyone running a business as well as a not-for-profit organisation. Without and understanding of and control on your finances the enterprise will meet unexpected challenges, […]

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WHAT’S SO HARD ABOUT UNDERSTANDING FINANCE?

Improving your Financial Intelligence Many entrepreneurs and managers can’t answer questions like these because they haven’t yet acquired the necessary financial intelligence. Nobody gave them a test in finance skills when they […]

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CASH FLOW WORRIES CAN DAMAGE YOUR HEALTH

Some tips on how to manage the stress A few years ago I interviewed business leaders from a wide range of businesses and backgrounds for the local newspaper. One CEO of a […]

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GETTING BACK TO THE OFFICE: How will hybrid work?

Companies don’t know what comes next. Employees aren’t sure what they want. Experimentation is required. The Disconnect It would be nice if employees were jumping for joy at the prospect of a […]

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PLANNING vs AGILITY – GETTING THE BALANCE RIGHT

Business planning is pointless wishful thinking. Planning is rigid, slow and bureaucratic. The pace of technological change and industry disruption make planning redundant. I’ve heard a lot of comments like that recently. […]

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AVOIDING BUSINESS PLAN MISTAKES

Once you know what mistakes not to make, there are still a few steps you need to take to make your business plan “bulletproof.” Be sure you . . . Think it […]

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TOP TEN BUSINESS PLAN MISTAKES (6 – 10)

Every business should have a business plan. Unfortunately, despite the fact that many of the underlying businesses are viable, the vast majority of plans are hardly worth the paper they’re printed on. […]

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