#Entrepreneurs sacrifice their lives, families and freedom building their ideas into businesses. They work hard to get more customers, cheaper suppliers, websites going, social media updated, products made and cash flow managed.
Entrepreneurs are crucial to an #economy. Sad reality is that in spite of all their efforts, 70 to 80% of them fail within the first 5 years-https://goo.gl/A1Eqd4.
Entrepreneurs start a business with a vision to succeed. They are innovative, have copious amounts of energy and have low overheads. Why then do so many fail?
As a CA I have seen the inner workings of many #SME businesses. I found that their "book" is empty. They don't know where they are because they haven't built a financial road map.
A map can only lead you to your destination if you know where you are. The start and end locations are key to a successful trip.
A financial road map contains these same properties, except that it is captured in your ERP system. If you know where your business should go, the question is "Do you know where it is now?".
The MyBI, CFO-in-a-Box product is designed to assist entrepreneurs and business owners to create a financial road map to grow their business.
