A common question is : how do you know whether you shall succeed in a new business?
Many ideas are borne in your mind. These are emotional thoughts. There is a thin line between dreams that an be achieved and actual execution.
A business plan is prepared by anyone who is serious about their investment. The plan consists of projected sales against estimated expenses. This computation is a simple way of analysing viability and capital requirements.
The bottom line for any venture is: profit.
Different factor dictate your profitability cycle. If your business cannot make profit within an acceptable period – we recommend a maximum of four months – there is no need to commence.
Good luck.
