Creating a Plan
Opening Your Own Restaurant? 4 Tips to Get Started
Restaurant businesses are attractive for the plain fact that people will always need food. It’s one of humanity’s basic necessities and so demand rarely dials down throughout the year. Yet while the customer base for…
7 Due Diligence Steps Will Validate Any New Venture
In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which…
10 Myths vs. Reality on Business Plans and Startup Investment
I gather from a stream of emails I’ve received that there are a lot of misconceptions on the relationship between a business plan and getting seed money and/or angel investment. So here’s a list of…
How to Write a Growth-Centric Business Plan for Your Small Business
With the growing acceptance of “lean startups,” the “done is better than perfect” mentality, and accelerated launch approaches like those proposed by Startup Weekend, it’s safe to say that the traditional business plan has become something…
How to Reduce Startup Risk Using Existing Technology
It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels…
Buying a Mobile Food Business: 10 Things to Consider
Food trucks and carts have come a long way since the days of greasy ‘roach coaches’. People generally have more refined tastes and higher expectations nowadays. The trendy reinvention of fast-food culture seen in recent…
Lean Business Plan: Form Follows Function
Your lean business plan is no more than what you need to run your business. In the beginning, it might be as simple as an elevator speech. Be able to talk through those key points: the…
5 Tips for Launching Your Freelance Writing Business the Right Way
After a car accident and two surgeries—which occurred during my struggles to secure a full-time job—the thought of starting a business began to reverberate in my mind. I have a knack for writing and real…
Which Comes First: Plan or Pitch?
It’s not exactly the same as the chicken or the egg, but it has some similarities. I get this question a lot lately, so I decided to take it here to my blog. Don’t pitch a…