Business Planning

[ad_1] As you pitch investors, they will want to know where you see your company going and what goals you aim to accomplish. Here are four milestones to incorporate into your plans for the future. You turn a profit. Whether you think you’ll reach profitability this year or five years …

[ad_1] President Dwight D. Eisenhower once said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” If you’re starting a business, you should have a business plan regardless of whether you’re bootstrapping it or looking for outside funding. The best sorts of business plans …

[ad_1] Now that the holidays are over and the new year is in full swing, it’s time to head back to the lab to formulate fresh, smart, and effective ideas that will grow your organization. Whatever the size of your firm, whether you’re B2B or B2C, and regardless of the …

[ad_1] Starting a successful business is hard, but let’s not presume that entrepreneurship itself is intrinsically riskier than other things that popular culture deems as “acceptable.”    You’ll never be able to completely avoid risk, either in your personal or professional life, but you can mitigate it significantly by having a …

[ad_1] Business plan competitions are valuable opportunities for student entrepreneurs to put principles into practice. Competitors hone their pitches, network with investors and industry leaders, and can potentially win the startup cash and services they need to get their businesses off the ground. Below, you’ll find the graduate level programs …

[ad_1] Whether you’re building gadgets, selling software or starting a nonprofit, your starting point is a vision, which gets turned into a plan of action. In business, your plan is the road map that will help you pinpoint the answers to some of the most important questions pertaining to your venture: …

[ad_1] Do you remember the image during the credits of the movie Forrest Gump, where a feather is floating through the sky, being carried in whatever direction the wind would take it? That is a perfect visual of what not to do, when trying to build a business. Business success requires an almost …

[ad_1] As you go about your grocery shopping, focused on the items that you need to get, you probably don’t realize that there’s an incredible business opportunity right in front of you. Some of the people you see stocking groceries on the shelf work for that particular grocery store. There …

[ad_1] Most of you will have a business plan for your startup, as this document acts as the blueprint and roadmap for your company. Whether it is to share with management to help with strategy or present to investors for funding, the business plan will provide the basis for future decisions. However, …

[ad_1] The business plan is commonly, and mistakenly, thought of as the Holy Grail or template for success. It’s more than often the direction you’re pointed if you have an idea and talk to any old-school business person, corporate lifer or institutional banker — at least when it comes to getting …