Sunday, May 04, 2008

The Importance of Business Planning in times of trouble - Sign of the 22nd Century

In the old days, our plans where all in our heads but today it's no longer feasible. While walking down the financial and low income small business retail areas of San Francisco, I can't help but notice why some new businesses which had great products and ideas recently closed shop. I would then kept repeating to myself, if only these businesses had a business plan they would have been still here or at least have a viable exit.

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