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Bob’s first task will be to develop a clear vision for year one. The vision is updated every year and will change with each reassessment, however for now Bob’s year one vision definitely to be to create 1,000 widgets, enter his target market, and provide better customer service than any widget maker out generally there.
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Ask for examples of this few identical or similar businesses to yours and request what possess done to help them – especially businesses of your size and stage of development. Ask about, say, financing the buying of Plant and Equipment, or how you may assess whether those businesses should be sole traders, a partnership, company or are they a trust? Are they able to explain to you why associated with structure was right – and (briefly) how which could apply for you? Can they give examples of how they have improved earnings of many their clients’ businesses, or, can they set up a documentation program that fits your needs.
