10 STEPS TO SUCCESS
1. DETAILED BUSINESS PLAN The business plan does not only help you to get some funding, but it also helps you to adjust your first business decisions. You can check every month if your turnover and your cost are as predicted and you have a tool to adjust to changed circumstances quickly. When you only find out after months, that you lose money, it can be too late. 2. ENOUGH EQUITY When you fund your total start-up costs with a loan, the monthly interest rate and repayment can