Did you know that 50% of new businesses fail in 1 year?
Yes you got it right, that's right ...
Every year, thousands of companies are forced to close and most do not exceed the first 12 months of activity. Exactly one in two entrepreneurs fails in the realization of his project and loses everything he has invested a few months after the opening.
Too often, those who decide to go on their own fail in the initial phase of the adventure.
But why do so many fail?
Going on your own is an exciting challenge and luckily it allows many people to achieve truly extraordinary results, great satisfaction and high earnings!
But it's also very, very difficult ...
Especially in the start-up phase of your new business, you will have to make many decisive decisions every day for the success of your business.
You will have to test your business idea, analyze the competition, create products and services that your customers really want to buy, win the negotiations with suppliers, solve countless problems every day, find new customers and retain them, and much, much more. yet!
And please don't think it's the fault of the crisis, taxes or bureaucracy ...
This is all malarkey!
Do you know that many of the most famous companies in the world were born in a period of severe economic crisis and that some of the best entrepreneurs in the world (such as Jeff Bezos, Elon Musk) have become extremely wealthy, thanks to the crisis triggered by the Coronavirus?
Doing business is certainly not an easy thing, especially in a period of great uncertainty ...
But I assure you that every crisis and transformation of society can be a unique opportunity to plan and start new businesses that respond to the new needs of people.
In any case...
If you don't want to risk losing all your money, you only need one thing:
You must immediately make a strategic plan that allows you to start your business in total safety.
But why is it so essential to make a Business Plan?
The Business Plan is literally your entrepreneurial project put in black and white, where you highlight risks and opportunities, and it is essential to carry out your entrepreneurial activity.
Purchase my Business Plan Template from my online store.
Just as you need an architect's plan to build a house that stands upright, you also need a good entrepreneur's plan to build a profitable business!
In practice, in your Business Plan you will have to explain in great detail who you are and what your business idea is. How much money do you need, what are your goals and what times and above all what means and what strategies will you use to achieve them?
If your idea is good and works, with a business plan you will immediately have the certainty of balance, you will be able to get the money you need and you will finally be able to realize your business project!
Have you ever thought about it?
In reality, most people usually look for information here and there on the internet, but then very often they get lost in doubts about the first steps to take and the fear of failure.
The resistance to leaving our comfort zone is part of all of us, but unfortunately for many it then translates into abandoning their project, leaving only the classic "dream in the drawer" ...
Planning the start-up of a business is not simple, but neither is it impossible.
Those who do not risk abandoning their project immediately or even worse starting their own business by relying on chance, thus risking losing their money.
Don't risk letting your project fail like this!