Welcome to our Knowledge Nugget series – developed during our tenure as owners of Fiscal Integrity Group Inc. Enjoy!
The early days and years are vital to the growth and ultimate success of a business. Statistics harshly point out that most businesses will fail in the first 5 years. Something we call the 5 year crucible. If a business can survive this time period there is a great chance of it growing and succeeding beyond all expectation. This Nugget explores the rationale and importance of the first 5 years and why a proper approach is vital. This includes the vital relevance of the books and the numbers.