Thursday, August 27, 2009

Anticipate the problem

You may have stumbled upon the right idea, a great opportunity and are now about to make the change. In planning for your company and making forecasts, most companies don't anticipate the problem. The worst possible outcome.

Business Plans tend to be far too good to be true, and most of them are.

If you think your company sales are going to take an upward curve as your word spreads. Be willing to consider the possibility of them being very low. In reality they might be somewhere between, but either way you will be covered and have a contingency plan.

Plan for the worst, in case it happens. When it doesn't you will have more in the bank, but you would have anticipated the problem.
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