Creating a Plan
The New Approach to Business Planning
Have you wondered how to start a successful business that is difficult to compete with? Whether you’ve started a new business or you’re still thinking of how to turn your ideas into a profitable business,…
Your Hobbies and Interests Are More Important Than You Think
For many small business owners in the startup stages of success, having a hobby is something they can only dream of fitting into their busy schedules. On another hand, there are countless aspiring entrepreneurs who…
6 Ways Startups are Fooled by Prior Business Models
As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. If you ask them for a reason, most will insist that they couldn’t get funding, or they…
The Lean Business Plan for Small Business Owners
“What? No, I don’t have a business plan. I’m not a startup.” Too bad so many small business owners think that way. A good lean business plan for small business owners ought to be a…
How to Effectively Craft a Top-Notch Business Plan
Picture yourself in a place you’ve never been before. The charge on your smartphone goes dead. You don’t have a GPS or map with you, and you have no idea where to turn to ask…
10 Most Common Business Plan Mistakes, Updated for 2016
Over the weekend, a Quora user asked me to list common mistakes that people make when developing a business plan. I’ve done that post from time to time, and it seemed like a good time…
Market Research in a Digital Age
Market research is as old as marketing itself, but conducting market research in the digital age presents unique challenges. As the experts in this graphic outline, it is vital for small business owners to do…
4 Things You Should Know About Opening a Restaurant
Whether you’re an amateur foodie or consider yourself a professional connoisseur, if you’re considering opening a restaurant there are a few factors you really need to think about. While it can be exciting and enticing…
A Comprehensive Guide to Creating a Solid Business Plan
In order to create a successful company, you need a solid business plan. Some people try to skip this step and jump right into the nuts and bolts of starting a business. Others think that…
Feasibility Empowers Business Plans
Having a business plan and sufficient capital are some of the first steps in being a fruitful entrepreneur; however, these things alone do not justify nor solidify success. Many aspiring immigrant investors first think that…
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