Make Your First Million: Ditch the 9-5 & Start the Business of Your Dreams, 2nd Edition

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 ...