Posts Tagged ‘Business Plan’
7 Mistakes to Avoid When Quitting Your Day Job to Start a Business
While it is good to learn from mistakes, it’s better to avoid them altogether. Avoiding these mistakes will not only increase your chances of succeeding but will also help facilitate your dream of becoming your own boss and travelling the world.
Read More 5 Misconceptions About Business Plans
How necessary is a business plan when starting a business? Is writing a business plan just a waste of time? Is a business plan the only way I can get my idea funded?
Read More Make Your Business Plan Stand Out
Most likely if you are looking to borrow money to start a business you are aware that you need a business plan. This is true whether you are looking to obtain unsecured business finance, a traditional start up business loan, or any other kind of small business financing.
Read More Top Mistakes to Avoid When Writing a Business Plan
The entrepreneurial industry is booming with idealistic youth hoping to strike gold with their concepts. But before money can start pouring in, entrepreneurs will need to capital—often through small business loans from banks, but also from venture capitalists and other investors.
Read More When So-Called Experts Say Don’t Do a Business Plan…
Don’t do a long static formal business plan. Do a lean, just-big-enough business plan. Deal with it as a constantly-renewing latest version, with a shelf life of a few weeks at most.
Read More Don’t Let Investors Conclude Your Startup is a Hobby
Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return.
Read More It’s Mostly in the Execution
“Everybody’s got a plan—until they are punched in the face,” stated boxer Mike Tyson. My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s statement.
Read More Lessons from the Golden Krust Caribbean Bakery
Jamaican-born Lowell Hawthorne’s recipe for entrepreneurial success has been to offer West Indian natives living in the U.S. a taste of home.
Read More Chart a Course to Success for Your Business in 2014
Are you the “plan ahead” type or more of a “is it really December already” kind of planner? Either way, it’s the end of the year, and that means it’s time to hone in on a plan for achieving success in the new year.
Read More Create a Business Plan
When people plan a road trip, they generally like to map out in advance where they would like to go, how much time they will spend, etc. For entrepreneurs, a business plan provides a road map or where you want your business to go.
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