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Home / Archives for Startup / Creating a Plan

Creating a Plan

Top 7 Tips for Individuals Starting a Pharmacy Business

Jun 4, 2013 By Heather Legg

Many people are tired of the chain pharmacies and want more of a personal feeling. With a small, independent pharmacy business, the pharmacists can get to know their clients, and the clients can feel a bit more confident that they are being taken care of. So how does someone start a pharmacy business?

Filed Under: Creating a Plan Tagged With: Big Box Stores, Buying a Business, Franchise Business, Hiring Employees, Investors and Lenders, Legal Issues, Regulations, Research Tools, Starting a Business

How to Re-Build a Successful Team the Second Time Around

Jun 3, 2013 By Nellie Akalp

For the serial entrepreneur, it’s hard to know whether to bring back the same team or start fresh for your second or third company. If you’re building a team the second or third time around, here are some questions to ask before you start calling the original team back to action.

Filed Under: Creating a Plan Tagged With: Employees, Hiring, Innovation, Planning, Team, Trust

5 Essential Components When Planning a Startup Business

Jun 3, 2013 By Tyler Tafelsky

If you’ve been thinking about pursuing your very own startup business, there are a few considerations that you’ll want to keep top of mind. Although these components are not the most exciting aspects of planning a startup, they are essential to ensure the future success and sustainability of your business.

Filed Under: Creating a Plan Tagged With: Accounting, Business Plan, Cash Flow, Developing an Idea, Expenses, Financial Management, Insurance, Location, Purpose, SCORE, Starting a Business, Startups, Taxes

Invention: The Entrepreneurial Curse

May 29, 2013 By Mike Maddock

Unfortunately, the death knell for many wide-eyed entrepreneurs is that they consider themselves inventors. More specifically, they confuse being inventive with being innovative. And when they do, they run out of cash, time and customers. In other words, they run out of business.

Filed Under: Creating a Plan Tagged With: Developing an Idea, Innovation, Overcoming Obstacles, Product Development, Solving Problems, Value

Three Lessons I Wish I Knew Before Starting My First Startup

Apr 26, 2013 By Jun Loayza

If I had discovered these top three lessons when I first began as an entrepreneur, perhaps I would have been able to indulge in more than deli sandwiches earlier on in my career. If you’re a first time entrepreneur, taking these tips to heart can really influence your progress…

Filed Under: Creating a Plan Tagged With: Business Plan, Hiring, Investors and Lenders, Mistakes, Networking, Planning, Relationships

The Most Web-Savvy Cities in the U.S.

Apr 17, 2013 By Lisa Fugere

Which city do the most web-savvy small businesses call home? With the Radius database as officiator, we compared the small businesses in all major U.S. cities based on a number of web savvy behaviors, including social media activity, website presence, daily deal offerings, and more.

Filed Under: Creating a Plan Tagged With: Culture, ECommerce, Online Strategy, Social Media, Technology

Protecting Your Intellectual Property

Mar 29, 2013 By Bill Wortman

When you’ve taken the time and effort to develop a unique product or service, you will want to protect your intellectual property so that other companies are not able to make money off of your ideas. There are a variety of forms of protection for intellectual property that you can get in the United States, and it’s important for you to know the differences between them and what you need to do to apply for these protections for your business.

Filed Under: Creating a Plan Tagged With: Business Documents, Competitors, Copyright, Differentiation, Government, Innovation, Intellectual Property, Legal Issues, Patent, Product Development, Trademark

How Big Is the Market

Dec 20, 2012 By Chris Barnes

Do you know how many people out there might be interested in your product or service? Any investor or lender is going to ask how big your market is as one of their first questions, and the answer is an important factor in a business’s long-term success.

Filed Under: Creating a Plan Tagged With: Business Plan, Investors and Lenders, Market Segmentation, Market Size Investors Lenders Potential Customers Market Segmentation Business Plan Marketing Sales

How to Create an Effective SWOT Analysis

Dec 17, 2012 By Chris Barnes

The difference between an ordinary business plan and a strategic business plan is a SWOT Analysis. This breaks down the Strengths, Weaknesses, Opportunities, and Threats for your business, and shows that you have fully researched your idea.

Filed Under: Creating a Plan Tagged With: Business Plan, Competitors, Investors and Lenders, SWOT Analysis Strengths Weaknesses Opportunities Threats Business Plan

Is Your Business Really a Business?

Dec 17, 2012 By Chris Barnes

Is your business really a business? It might sound like a silly question, but it’s an important one, especially around tax time. There are guidelines to help you determine whether your activities are considered a business or a hobby under the law.

Filed Under: Creating a Plan Tagged With: Business Plan, Is Your Business a Business Hobby Loss Rules Presumption of a Profit, Tax Preparation

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