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Home / Archives for Business Plan

Business Plan

Invent Your Opportunities

Dec 20, 2012 By Fran Tarkenton

You never know which opportunity will end up being the one that really turns into something big, but if you don’t ever try, then you’ll never get anywhere. You have to always be thinking, always moving, always improving. The one thing you can’t do is sit back and wait for things to happen to you.

Filed Under: Innovation Tagged With: Business Plan, Culture, Innovation, Invent Your Opportunities Philosophy Innovation Culture Value Solving Problems Setting Goals Product Development Personal Outlook Leadership Business Plan Thomas Friedman New York Times Wayne Gretzky, Leadership, Personal Outlook, Philosophy, Product Development, Setting Goals, Solving Problems, Value

Handling Competition: Do’s and Don’ts

Dec 19, 2012 By Rick Gossett

When you first started your business, you looked at your competitors with the eye of an upstart. But what do you do when a new competitor arises—and suddenly you are the old establishment? The new competitor is eyeing your customers, your employees, and your profits. You can’t afford to make a mistake.

Filed Under: Best Practices Tagged With: Business Plan, Competitors, Customer Loyalty, Differentiation, Handling Competition Do's and Don'ts Business Plan Competitors Customer Loyalty Differentiation Leadership Mistakes Overcoming Obstacles Personal Outlook, Leadership, Mistakes, Overcoming Obstacles, Personal Outlook

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

Executive Summary

Dec 17, 2012 By Rick Gossett

The part of your business plan that investors will be most interested in is the executive summary—the one-to-two page summary of your overall business plan. A strong executive summary will grab an investor’s attention and get him or her interested in learning more about your business.

Filed Under: Creating a Plan Tagged With: Business Plan, Executive Summary Business Plan Investor Elevator Pitch, Investors and Lenders, Planning

Elements of a Business Plan

Dec 17, 2012 By Rick Gossett

A well designed business plan is an important tool for a business, helping in the search for investors and lenders and in every management. Each company will have a different business plan, but there are a few common core elements that will make any plan more effective.

Filed Under: Creating a Plan Tagged With: Advertising, Business Documents, Business Plan, Business Plan Background Information Marketing Plan Operating Plan Financial Statements, Investors and Lenders, Marketing, Planning

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Run & Grow

Why Businesses Should Treat Employee Burnout as a Risk Management Issue

Aug 11, 2022 By Andrew Deen

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‍9 Tips for Making Your Healthcare Business More Successful

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Aug 4, 2022 By SmallBizClub

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