The number one thing you can do to ensure that your business has a chance to succeed on a lean budget is to start with a solid strategic framework, or foundation. Many would-be Entrepreneurs believe that I'm talking about a business plan. Sadly, most Entrepreneurs do not have a written (let along well thought out) business plan. And while I believe business plans are critically important, the strategic foundation I'm talking about here should happen BEFORE the business plan. In other words, this work needs to be done FIRST.
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