23 Nov '16, 10pm

How To Turn Your Idea Into A Business

The next thing you need to know is to start organising this information into a business plan. This will not only be a benefit to you personally as a business owner, but it will also be a useful reference tool when meeting potential partners or investors. You can find a template to get you started from The Prince’s Trust , but the most important thing to remember is to be realistic. As a new business, you won’t be able to revisit any past data so you may have to base your projected sales on other similarly sized operations in your industry. Similarly, consider overestimating your expenses to play it safe. This way, you won’t be caught unprepared if you do go over.

Full article: http://www.aspirantsg.com/how-to-turn-your-idea-into-a-bu...

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