More new businesses are started in periods of recessions than in strong economic markets. This makes logical sense because people who have been laid off search for other avenues to earn money to support their families. Every entrepreneur is driven by something different and they have a varied skill sets. There is no one “right” [...]

What is the real purpose of a business plan? Many entrepreneurs that I meet don’t think that they need one or they just don’t want to find the time to write one. Does having a plan guarantee your new venture will succeed? No! And not having one doesn’t guarantee failure, either. Every time I teach [...]