STARTING YOUR OWN THING JUST GET OUT THERE AND SEE IF PEOPLE WILL BUY IT

If you decide to start your own business, one of the things you may do is get a bank loan or go after one of the many grant packages that are available. In either case you’ll need a business plan. You’ll need to explain your market research which leads you to believe you have a viable business. You’ll then need to do projections based on that research. Doing the projections, you’ll find yourself walking the high wire between:

  • trying to be realistic/conservative but in reality appearing downbeat about your prospects, thereby underselling the business ...

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