You see, I used to be the person who solves everyone’s problems. If a friend called asking for financial help, I would go out of my way to help – even borrowing from others to sort this friend out. How could I have said no to a friend asking for help? After all, if they had asked me, didn’t that mean they trusted me and believed I could help?
What is a kickback? It would be explained as a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered
Although it’s not a requirement to complete a business plan when starting a business, it’s definitely a good idea. With any endeavor, you get out what you put in and it’s no different with business; the more planning and research that you do at the start; the more likely you are to succeed.