I recently had the pleasure of speaking as part of a panel at the Lloyds Bank in Manchester to a crowd of new entrepreneurs.
They asked many questions about the hard won lessons.
Hands-down, second to none, the panel of four business owners said cashflow.
It's tempting to think that it in a $400,000 build or fit out you might be able to save a little bit here and there. The cost of a feasibility study, depending on who you use, ranges from a couple of thousand to a fair chunk of change, and it's tempting to think you can skip it.