Why 81.6% of Businesses fail

I presented last night to a bunch of business owners out in   South West Sydney.  I guess we had 30 businesses represented in the room, everything from an Accountant to a Paintball (Skirmish) business.  I asked the question “so who has a crystal clear business plan?” and the answer was somewhat predictable – only 1 business could put their hands on one.

I’m not surprised by this stat at all, it is a real shame however it is a reality.  I also asked the question around the clarity of their Vision and got a similar response.

Come on Small Business, I am crying out for you to get serious, lets get plans in place, lets get a dose of big business (scary as that sounds).  You can google a simple business plan template, its not too hard!!

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