Re: Yearly business plan - realistic or not? What else should I account for?
If you establish a business, and wait until you have positive cash flow before getting liability insurance, one accident might guarantee you'll NEVER have positive cash flow. Some things you just have to do, to protect yourself in today's litigious society. It's one of those things you'll never need, but when you need it, well..... you sell honey, someone can sue. You put bees on someone else's property, some one can sue... you have trespassers, someone can sue...
"If all you have is a hammer, the whole world is a nail." - A.H. Maslow