Value of Knowing Where You’re Going, Value of Maintaining Flexibility A road map works hand in hand with your business plan but gives you the flexibility to make quick adjustments in a less cumbersome way. Roadmaps are visual and smart leaders employ them to maintain their agility rather than lock the company into an intractable...
Importance of Budgeting and Financial Planning in Small Business Start-ups
June 7, 2022by Ravix Group
When you start a new business, chances are you have to borrow money to get off the ground. In the earliest stages, you need to know your numbers cold. However, spending all your time in financial planning and analysis keeps your leadership team bogged down in details. Consequently, these tasks, though essential, are sometimes best...
