Do I need this? I already know that my idea will work!
Be aware that many businesses make this mistake. Everyone is excited about their ideas. But still many ventures fail? Why? Because for many of them, there was an assumption that may have gone wrong. There were risks not thought about. So when the unexpected happened, there was nothing to cover it. The business benefits weren’t realised.
Whether you are investing in properties or run a bicycle shop or an online business or a recruitment agency, there is always a need to do an analysis of the realities of a venture. This can save money, reputation and any effect on personal lives.