Business failure is just like any other setback in life: it is not just about the failure it’s about what you do with it. Do you throw your hands in the air, quit, or try again? A few years ago, I began working with a startup company. I poured maximum time, talent, and trust into the venture. As time went by, instead of getting better, returns on my investment and appreciation for my contribution deteriorated. Eventually, I was forced to stand back and analyze the company thr

At some point in life, sooner or later we hear the saying, “If you fail to plan, you’re planning to fail!” This popular saying attributed to Benjamin Franklin is one that has been proven to be true over and over again, and never more so than in the business arena. Whether you are already in business, exploring the possibilities to be or not to be in business, or about to begin your new venture, it is both necessary and important to decide if you should create a business plan.