Blog Post A significant determining factor in your success or failure to attract attention and secure funding can be found in the quality of your business plan. Your business plan – its quality, flow, and ability to communicate your key idea – is a major component in securing the money that’ll let your company grow. So […]
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Tip for Start-ups: How to Move Forward
This post will offer insight to those who have plateaued before they have even started their business. Specifically, this is for those who do not know where to go for funding or feel they may not be eligible for bank funding. If you feel like you are running in place without capital, keep reading. There […]
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5 Common Mistakes to Avoid When Starting Your Business
Many business owners and new entrepreneurs make a few specific errors time and time again – these errors cost them money, time, and makes for a longer learning curve than necessary. The following will review these 5 errors and tell you how you can avoid them. Error 1) Thinking it’s “not time” to build a […]
4 Reasons Why You Need a One-Page Business Plan
There is a lot of hype about a “one-page business plan” for investor pitches. A one-page business plan is a great idea and a smart goal for any entrepreneur to pursue for a few reasons. This post will talk about the benefits and why this should be the next step after you or your business plan consultant write […]
The Devil is in the Details: Build Your Business One Detail at a Time
There is a tendency for new business owners to overlook or ignore details in planning. Components such as price points of competitors, which point of sale (POS) system is best for business, and what payment terms vendors will expect are some examples of abandoned details that belong in early planning. Where the “Big Picture” Is […]
The Talent You Need to Watch: Success Spotlight On Zain Nelson
I work with many amazing entrepreneurs. What I find that they all have in common is they have at least a dozen great ideas that they’d love to pursue, and they all have above-average passion in everything they do. What is not so common is having game-changing focus. Because of this, I wanted to share […]
When to Form Your Legal Entity
When to Form Your Legal Entity The legal entity is a scary step for some people. Why? Well, it kind of formalizes that you are actually DOING this entrepreneur thing. And…not everyone knows how to start. Don’t worry. It’s not that bad. It is actually so easy, that it takes minutes. And when it’s over, […]
Success Spotlight On Rob Harmon
This is the Entrepreneur Who Found a Way to Reinvent Convenience Stores Rob Harmon, Founder of The Water Elephant I have met so many amazing entrepreneurs. Usually, they have a dream to offer something a little different than what’s already out there. A better dining experience, a more effective tool, a faster way to accomplish […]
Business Plan Financial Projections: How to Determine the Asking Amount for Your Business with Confidence
How to Determine the Asking Amount for Your Business The most significant part of your business plan financial projections If you’re a startup that needs funding ( from an SBA loan, an investor, or other source) or you’re an existing business looking for funding for your next expansion project, there’s one thing your business plan needs in order […]