Ebiz Snap

2.Chart your Costs

I’m a sailor and have been around boats all my life and a boat like a start-up businesses does not have room for leaks “boat sinkers”.Unbelievably, there are thousands of entrepreneurs that start a business without the foggiest idea of what their costs are going to be. It’s like setting sail with no idea of where you are heading just setting adrift you will get somewhere, but where? Either there is an estimation that is way overstated or understated. From the very beginning, you need to have a strong handle on knowing what you will need to get your business started and keep it running. Additionally, you need to have projections for your future success. Know your numbers and make sure they are accurate. Even a small leak will sink a boat!

Tags: Boat Sinkers, Business Snap, business-tips

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