From borrowing money to knowing how much you need to sell to start a business, the secret lies in having a business plan. If you're looking to start a business, there are 4 things to do before you touch your capital or borrow money. Know your customers and understand their desires, needs, and pain. Look for the best suppliers for your business - this will help you design your product or service. Knowing how much your business needs and how much you can afford to pay is very important. By having a business plan, you'll see how much capital you can set aside for quality raw materials. And you'll be able to count how many employees you need versus how many you're able to afford. “If you already have the capital, that's good. But you still have to be cautious.” Highlights of this episode: What are the things to do before touching your capital? How important it is to have a business plan? Connect with Mommy Negosyo: Website Instagram Facebook Purpose Driven Business Builder Facebook Group Grow Your Business Pinoy Facebook Group YouTube TikTok

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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