Chapter 3. PUTTING THE IDEA INTO PRACTICE

Right, you've got the great idea, you know roughly where you're going to get the start-up money, you've got everybody necessary on board and it's time to get started on the outline planning of the business. In this chapter I'll cover:

  • Checking that you actually need premises in the first place

  • What you have to do to find the best premises possible for the new enterprise

  • Drawing up the first rough financial plan

  • The considerations you have to take if you have a choice between buying and leasing

  • When and how to review your strategy if the business doesn't start off as well as you hoped

DO YOU ACTUALLY NEED PREMISES?

I think it's difficult when you're chasing the dream of running your own business to remain dispassionate ...

Get Make Your First Million: Ditch the 9-5 & Start the Business of Your Dreams, 2nd Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.