In this podcast we run through our top 10 things first time business owners should know when running a business which as as follows:
- Get the legals in place
- Only 25% of companies succeed in the long term
- Hire a good accountant that understands your business
- Customers aren’t loyal
- A written business plan dramatically increases the likelihood of success
- Cash is King!
- Rediscover old contacts
- Things don’t magically work out
- Understand your runway
- Find your voice