How do you get from the dream to fundraising to business plan to opening? Successful business owners recount how their meetings with potential investors helped them revise their business plan, refining the numbers and focusing on the culture they wanted to create.
Take advice from people who've launched their own businesses: You're going to need ample time, energy and resources before your business becomes self-sufficient. Make sure your business plan has reasonable financial goals and includes living expenses in costs — there's a good chance you won't have a salary up to a year or more. It's always better to overestimate your expenses.
Your launch is your big entrance into the market and the minds of your customers. The impression you create from the outset can stick with your business for a very long time.
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