Particularly in solo and small law practices, income growth typically is irregular and for the most part slow in the first year of practice. Before you decide to go solo or join a new practice, do some financial planning and consider these three tips.
Whether starting a business or transforming one, it’s important to have a written business plan. A business plan should start with an executive summary that briefly describes the business’s products or services, its market and competition, and its management. The executive summary can make or break a business’s pursuit of investors.