Business Tip: Something worth doing might take a while, so really flesh out the potential of the business and be honest about whether it’s worth doing.

Business Tip: Act like a start-up. Watch every coin and triple-check every expense. Keep your costs low and manage your cash flow effectively.

Business Tip: To be successful in business, you need to be organised. Create a to-do list each day. As you complete each item, tick it off your list.

Business Tip: Build a great team. Very few succeed in business alone, while most will lose to a great team. Build your own great team to boost your success.

Business Tip: Don’t burn out – take care of yourself. Delegate, eat healthily, get good sleep, and take time off every now and then.

Business Tip: If you already have customers, be sure to hold on to them by providing new products or services on a regular basis.

Business Tip: Know your finances inside and out so you can make informed decisions. Be aware of your revenues, expenses, profits, debt, cash flow and taxes.

Business Tip: When choosing a business location, think about your needs. Consider the opportunity for growth, and your proximity to suppliers or consumers.

Business Tip: Do additional research. Find out all the standard costs within your industry. This will help you to plan properly for your business expenses.

Business Tip: You need to have an excellent understanding of the sector you want to launch into. Gain some experience in that sector before launching.