
photo credit: David Boyle in DC
How one writes a business plan in recessionary economy works differently. One needs to approach the business plan from a different perspective. And one must make special efforts to avoid errors that in a good economy one would conveniently get away with.
Fortunately, one can do several simple things to write a better, more realistic business plan in a recession:
Recession Business Planning Idea #1: De-grandiose-ize the Plan
In a frothy economy, one can find it easy to get over-excited about an opportunity or venture. And, in a sense, that’s may be good. Excitement, optimism and confidence can be contagious. Read more »

