Creating a Plan
A Day in the Life of a Startup Owner
Some days will be smooth sailing; others will be an uphill battle. Just like when you take a new job in any area, when you start your own business you’re bound to face some challenges….
How Startups Estimate Market Size
It’s a common question. How do I know market size? Of course what one does for that depends on the type of business. What works for a web app won’t work for a restaurant. The kinds of…
Small Biz Interviews: Off the Hook
Pittsburgh born and Brooklyn based, Brent Young is the butcher and restauranteur behind Rippers, The Meat Hook, and Whitfield. EMPLOYEES 18 LOCATION Brooklyn, NY INDUSTRY Butcher FOUNDED 2009 WEB the-meathook.com The success of the…
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…