A business plan is your strategy for bringing your product or service to the marketplace. This is Part II of my four-part series on how to write a business plan. Last week, in Part I of my blog series on how to write a business plan, we focused on developing your business model, which is […]
How to Write a Business Plan – Part I
When it comes to writing a business plan, the first step is figuring out your business model. This post is Part I in a four-part series on how to write a business plan. Today’s focus is crafting your business model. Developing Your Business Model There are a lot of moving parts when it comes to […]
How to Get Ready for Opening Day
It all started with a concept and now you’re here, ready to open for business. You’ve made it through what some consider to be the most challenging aspects of starting your own business. You’ve gotten startup capital, obtained licenses and permits, invested in expensive business equipment, and selected your team. Opening Day is just around […]
Top Three Legal Pitfalls of Home-Based Businesses
The Internet has opened the door for a generation of home-based entrepreneurs. In the rush to put up a website and start selling to customers, many entrepreneurs forget the permits and legal filings they may need. Even the most basic home-based business will usually require some kind of registration and compliance with local regulations. You […]
How to Develop a Killer Marketing Plan – Part II
It’s great that you have a marketing plan, now you must determine how you will pay for your outreach efforts. In Part I of this series, we focused on how to develop a killer marketing plan. Now you need to budget what you will spend on marketing. Creating a budget is not always the fun […]
10 Leading Factors of Small Business Success
While every entrepreneur has a different success story, I tend to see some of the same factors affecting most business’s results. Now, not all of these are personality traits. Many are simply ways of doing things, so no matter who you are, changing your actions can have major results. The bottom line is you can […]
Finding The Money To Start Your Small Business
The following is an excerpt from my forthcoming book: Become Your Own Boss in 12 months or Less! A Month-by-Month Guide to Start a Business that Works! Scheduled to be released by Adams Media in February 2010. If you are ready to take the leap into entrepreneurship, you must get really focused on your finances. […]
Is Your Life Plan Working For You?
I am a firm believer that you need a life plan before you ever write a business plan. Your life plan is your big picture vision for your life. Your reasons for starting your business should be to fulfill your life plan. It’s also a step in business planning that is often overlooked. Why is […]
Why Passion Alone Isn’t Enough to Succeed in Business
Guest Article Passion may inspire your business, but planning will save it. Passion is an overused buzzword for small business owners: “I have a passion for coaching/financial planning/auto repair/marketing/real estate.” Is your passion enough to build a thriving business? No, you need to make sure your business has a profit center and a plan for […]
5 Ways Color Can Improve Your Small Business
SPONSORED POST Ever since color television was invented in 1953, color has been critical to telling a visual story. Whether you are a start-up or established business, spending the extra money on color images or color ink may seem out of the question when you are launching a marketing campaign. But using color could mean […]
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