January is my favorite time of year. The start of a new year is always exciting. There are new year’s resolutions to lose weight, save more money, get more sleep and to make it your best year yet–and I am for all of that. Well, this year you should work toward accomplishing your financial resolutions. […]
How to Write an Executive Summary
An executive summary provides a snapshot of the business. It is essentially a sales document that highlights the main points of an in-depth business plan and is written for people who want to understand quickly whether or not your business idea is worth their time. The executive summary should contain enough information for the reader […]
How To Write A Business Plan – Part 1
Every small business needs a plan for success. Simply stated, a business plan is your strategy for bringing your product or service to the marketplace. I am so fed up with people starting businesses without a road map for reaching their business destination. That said, I am going to walk you step by step through […]
How to Write a Business Plan Part II
Once you know what business you are in, it’s time to figure out who’s going to buy from you and why. You are just someone with an idea until you develop a business plan. In other words, if you haven’t written your plan yet, your business is still in the fantasy stages. In Part […]
How to Write a Business Plan Part III
In Part I and Part II of this blog series on how to write a business plan, I have walked you through clarifying the business idea, marketing analysis, defining the business opportunity and customer profile, finding your niche and developing a sales plan and marketing budget. Now, I want you to define how you are […]
Managing Positive Cash Flow in Your Small Business
The two most important jobs you have as a business owner is getting business and getting paid. Being a bill collector is one the toughest jobs you’ll have as an entrepreneur. But if you take control of the situation up front, you can minimize any delays with payments. The key thing to do is make […]
Ask SmallBizLady: Is 1-Page Business Plan Adequate for a Small Business?
On Fridays, I answer your small business questions in a video blog segment titled Ask Small Biz Lady. This week, we are taking on the question; is a one-page business plan adequate for a small business? Click here to view this and more answers to your questions. Not hardly! I do not think you need […]
Smallbizlady’s Sales Advice for Start-up Businesses
Generating sales is a task that many aspiring entrepreneurs sometimes feel ill-equipped to take on, but no sales = no money. So what is a start-up entrepreneur to do? Have a detailed marketing plan and sales projections, but take on sales in your business in small chucks. I like to look at things in terms […]
Ask SmallBizLady: What’s a Good Way to Handle Invoicing?
Every Friday, I answer your small business questions in a video blog segment called Ask SmallBizLady. This week, we are taking on the question: How to handle invoicing as a start-up? Click here for the answer. There are a few options you can use for invoicing Try paypal.com Use your accounting software QuickBooks Pro or Peachtree […]
Getting Organized to Start Your Part-Time Business
Getting Organized to Start your Part-Time Business” by Sarah Kirkish, Work Life Organization As a Coach, I often help small business owners who originally started part-time and then took the leap to a full-time business. I can always tell if a business owner is focused on getting organized from the start because the systems they […]
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