The new entrepreneur has exchanged GUTS
for BRAINS
The new entrepreneur must be educated in all areas of
business. They must understand
marketing, finances, opportunities, timing and how to implement. Success today involves:
- Motivation
- Education
- Innovation
- Implementation
The collection of the ideas is materialized in the form
of a Business Plan. The
business plan takes the abstract and converts it to the concrete.
It gives the developer a structure to understand the business,
the industry, the market places, the opportunities, the threats,
the barriers and the viability and sustainability, if any, of the
proposed venture.
It has been found that most businesses that fail do
not have a business plan. It has also been found that over 93% of
businesses that are still in existence after 10 years have a detailed
up to date business plan.
In most areas of growth, the customers have
become very sophisticated and the marketplace has become crowed
with aggressive competitors. Small business must stay contemporary and become
more effective and efficient than big business, because small business
lacks the recourses of big business.
The Shnider Group
is positioned to help small business:
- Develop
and understand the detailed parts of the business plan
- Build
a customer base
- Understand
how to manage their cash better
- Start
their business right
- Understand
growth management
- With
self employed finance and tax issues
- Understand
growth issues and employee incentives
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