April 16, 2010, Newsletter Issue #257: A Business Plan Helps You Make Wise Purchasing Decisions

Tip of the Week

When your business and marketing plan is written out, you can make smarter decisions about buying assets. You may have bought equipment and long-term assets on an as-needed basis before. But a business plan lets you make arrangements in advance so that you’re not taken by surprise. For example, if your lease is up on retail space in a year, include considering buying commercial property in your plan now. (For tips on creating a business and marketing plan, check out the free e-course at http://www.planyourbusinessvision.com.)

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