The Execution

We all recognize that there will be costs associated with starting a new business.

Training, tools, licensing, software, hardware, cost associated with setting up our legal business model, taxes, vehicles, insurance… the list goes on and on.

While we budget for these known expenses, we often fail to think about the “unknown expenses” that we’re sure to encounter.

We’re all going to make mistakes on our journey to competency; it’s inevitable. So why not include a bit of cushion in our budget for these unavoidable “business lessons” that we’re sure to be taught?

It’s easier to expect and account for miscues ahead of time than to scramble to contend with them after the fact.

To run a good business we need to spend adequate time on our preparation before we lunge headlong into execution.

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