A Business Plan Helps You Make Wise Purchasing Decisions

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Business Plans and other Entrepreneur topics.

A Business Plan Helps You Make Wise Purchasing Decisions

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.)

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Entrepreneur Tip Site? Request a Tip Now!


Guru Spotlight
Carma Spence-Pothitt