Business Planning

[ad_1] Ken Jeong has one of the best movie quotes for business of all time. It has become a cultural phenomenon which has spun into viral internet memes and worked into life as part of our conversations. The only problem is most people don’t realize what it has to do …

[ad_1] If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. But for the rest of us, don’t believe the Silicon Valley myth that all you have to do …

[ad_1] We are winding down yet another year, and to be honest these last few weeks are always my favorite time of the year. We can start to reflect back on how the year progressed, and also start to think forward to what we want to do differently next year. …

[ad_1] The concept of starting a business without a plan would send anyone running — and for good reason. Every great business begins with a plan that outlines measurable goals and the methods for achieving them. Plans, done correctly, can be a great roadmap. The real question is how detailed does your …

[ad_1] Most people wait until January 1 to make New Year’s resolutions. But why wait? Research suggests your plans for the new year will be more effective if you prepare for them in advance. By asking the right questions and putting the right plans in place before January 1, you’ll …

[ad_1] The prospect of quitting your job and becoming your boss is both liberating and scary as hell. But, instead of being impulsive, it’s best to take a deep breath and weigh all of the pros and cons so that you’re 100 percent sure that you’re ready (or at least willing) …

[ad_1] Business plans are living documents. Make sure that they evolve with your company and reflect the business you’re running by revising when your company meets these six milestones.   You want to refinance or fundraise. Investors and lenders want to know about your current challenges and have the most …

[ad_1] Your business plan is a roadmap. Use it to steer your business away from the inevitable potholes and dead-ends. 1. You are only thinking of the present. Get as detailed as you can with your forecasting. For instance, by looking ahead, you might find that your margins will shrink to …

[ad_1] What do you do when things in your business go exactly opposite to plan? If your launch goes splat or the marketing campaign that was supposed to make the hockey-stick happen falls on deaf ears, you may find yourself wondering where exactly everything went wrong. Unfortunately, many businesses simply …

[ad_1] Last month, my business hurdled across the thirteen-year mark. Business is fantastic. Revenue and profit are at record levels. Lately, other people have begun noticing my prosperous little business and started asking questions.  “What is your secret?” They ask. “How have you built your business from nothing to something? “ These …