Small Business Consulting
08/08/2022No one can take the ultimate weight of decision-making off your shoulders. My goal is to build up a much larger range of products, and realize more of the ideas floating around in my head. As this will benefit my business because, I will not need to recruit many chefs to teach one specific type of food. Torsten Jacobi takes a look at what has happened to the satellite phone business and lessons that can be learned from its failures and applied to other high-flying concepts.
Every business should have a business plan, but it doesn’t necessarily have to adhere to a specific template. Budgeting will help you plan for making tax payments (more about those in section 8). And, while everyone should have a budget, managing your money is extra important if your business has investors or creditors to pay.
A business line of credit should have less rigorous …