Posted on August 15, 2010.
If you could give me a piece of advise for starting my own business, what would it be? My fiance and I are starting our own personal training studio, with a supplement in-house and a health food store and tanning beds. I already started on my business plan and have done research on a projected growth in the industry. I also started research on the costs of running the company.
If you could give me a tip, what would it be? Thank you!
Make sure your business plan is based on 5 years, not just one or two. PLAN PLAN PLAN, and have a backup plan or two or even three. (Sorry, it's more than one, but still)
Do not make an Internet start-up of their failure rate is high. Most Internet start-ups fail within the first year.
