Have you ever met someone with an amazing idea but when you try and get them to explain how long it’ll take to bring it to fruition the timeline keeps changing? Even if they have a great business plan, without a business plan schedule, chances are moving their idea from dream to reality is going to be a […]
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3 Things That Will Kill Your Business Proposal for Investors
When writing your business proposal for investors there are many things to consider. No matter what, it absolutely has to be rooted in reality. Yes, there may be huge potential for your idea. You have to walk the fine line between showing full potential and being realistic. You want to give your investors a full […]
Defining Your Market Entry Strategy: Know the Problem and Solution
Ask any entrepreneur about their early days of starting a business and they’ll probably tell you those first baby steps were hard. Not only were they trying to figure out how to put together a business plan and secure funding, but also because they needed to have a solid market entry strategy. Getting overwhelmed by the little […]
Mapping Out the Day-to-Day of Your Business with a Clear Operations Plan
When you go in to do a pitch for your business plan, one area that’s always of interest to investors and bankers is the operations plan. If this section is jumbled or hard to understand, it’ll do your overall plan a disservice. The operations plan maps out the day-to-day life of your business. While you may have […]
Tips for Writing a Nonprofit Business Plan
Some of the most amazing entrepreneurs that I’ve ever supported have been folks that wanted to launch a nonprofit. They’re trying to do something philanthropic or socially conscious and they assume a nonprofit is the way to do that. They come to me looking for help with their nonprofit business plan. Once we sit down and […]
Building Your Business Plan Marketing Section: Two Common Mistakes to Avoid
Most entrepreneurs are aware that in order to be successful in business they need to have great marketing. And when presenting your idea to investors or bankers, they’ll want to see that you’ve put some thought and effort into the business plan marketing section. That’s why you need to do a realistic analysis of what you’ve laid out in […]
Business Logo Maker Online – Our Top 3 Free & Paid
Every entrepreneur has gone through that painful phase where their idea has no visual representation. Having no brand colors, no entity formation, and no finished product can make it feel as if your idea is light years away from being a real business. Even if you already have some business logo ideas, this is usually where […]
How to Write a Business Plan Step by Step
When you are writing your own business plan for the first time, learning how to write a business plan step by step is not as painful as it sounds. As long as you have the right tools. In fact, for entrepreneurs who have never written a business plan before, it can seem like a really big project because there are so […]
Preparing Your Business Plan SWOT Analysis
One of the biggest struggles entrepreneurs may face when putting their plans on paper is preparing their business plan SWOT analysis. This particular business plan section is often misunderstood by both inexperienced and experienced entrepreneurs through no fault of their own. The business plan SWOT analysis can be confusing, and often information that explains how to write this section […]
Business Plan Financial Projections: What to Include
Trying to build something without the tools or information you need can feel like an uphill climb — especially when you’re creating your business plan financial projections. Since you’re just starting out with your new business, you really don’t know exactly what your revenue, costs and profits will look like. This is one area of building a business […]