After careful thought, I remember the banking folks telling me the averge small business life cycle is small. In fact, the small business administration (SBA) states that 7 our of 10 new small businesses survive after 2 years, and 50% survive to 10 years.
http://www.sba.gov/advocacy/7495/8430
What did they tell me I needed in order to recieve financing to open on my own?
- Strong written plan
- Rely and trust mentors to
advise
- Get some business education
- Save for maximum ability self
finance
- Start for the right reasons,
don’t expect to get rich
- Relentlessly work to improve
your management skills
- Pick a good location
- Study the competition
- Pick and choose appropriate
advertising
Since the beggining, our crew has practiced with:
Passion for profession: Strong belief in our mission
Study and Significance: Dare to make a difference when others
are not
Drive and Determination: To provide Industry Best care, not
locally best care
Failure and Fortune: Learn from
past, remain humble
Thanks
for reading our blog!
Now
off to do our SWOT analysis!
