How can you navigate the often choppy waters of starting your own business? Every successful entrepreneur has the same recipe – planning. How can you plan for entrepreneurial success? Tom Anastasi, author of “The Successful Entrepreneur: The American Dream Done Right” gives these keys to sucess:
- Create your best, probable & worst case scenarios for your first 3 years in business. Base projections on the worst case.
- Plan for 5 years in advance
- Educate yourself on Human Resource laws! This is the #1 area new businesses disregard
- Consider purchasing a business that is 3 years old. This is when most new owners are ready to bail!
Tom’s book contains worksheets designed to make your business planning a success. As a Harvard double major and entrepreneur himself, Tom Anastasi has the qualifications to provide advice for any would be entrepreneur. Be sure to check it out!