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Business plans

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Often the first act of entrepreneurship is formalizing a business plan for a prospective company. Business plans, which serve as something of a roadmap for how a founder will turn an idea into a full-fledged business, typically include information like an executive summary, a market analysis and financial projections.

Business plans can be vital for entrepreneurs and business owners interested in lining up a bank loan or attracting other stakeholders such as investors. And though a plan may change over time, entrepreneurs and owners often say the process of mapping out how a company will operate and who its customers will be is invaluable.

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News and Articles About Business plans

Don't Go Too Lean. On America's Main Street, Business Plans Still Work.
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Don't kid yourself. For most new firms launching outside Silicon Valley, developing a startup strategy is essential.
April 16, 2014 in Starting a Business
A One-Page Business Plan in 5 Steps

A One-Page Business Plan in 5 Steps

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It can feel daunting at first, but here's what you should do to get organized and start.
April 4, 2014 in Starting a Business
Your Mission Statement May Be Utterly Useless or a Gold Mine

Your Mission Statement May Be Utterly Useless or a Gold Mine

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Make yours meaningful by defining goals and specific strategies for customers, the enterprise and owners. Or skip one if there's no business purpose for it.
March 27, 2014 in Starting a Business
What Happens to Your Business If You Die?

What Happens to Your Business If You Die?

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What happens when you want to retire and stop running your business? Here are a few tidbits of advice on how to keep your company growing, even when you are no longer the boss.
March 24, 2014 in Grow Your Business
The Lie Entrepreneurs Tell Themselves and Others

The Lie Entrepreneurs Tell Themselves and Others

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Entrepreneurs often seem like they are so put together – their plan is on target, they are doing amazing and life couldn't be better. But many times that couldn't be further from the truth. And that is okay.
February 21, 2014 in Starting a Business
How Do I Build a Business Plan? (Infographic)

How Do I Build a Business Plan? (Infographic)

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Take a look at this infographic for tips on how to write a great business plan.
February 17, 2014 in Your Business Plan
Don't Be a 'Pividiot.' Follow These Tips.

Don't Be a 'Pividiot.' Follow These Tips.

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Constantly changing directions can harm your business. So how do you know when it's a good time to pivot?
December 27, 2013 in Business Management
Lessons From the Boston Red Sox That Can Help Your Business in the New Year

Lessons From the Boston Red Sox That Can Help Your Business in the New Year

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As 2014 approaches, consider these three important lessons gleaned from the World Series baseball champions.
December 12, 2013 in Growth Strategies
When Planning for the Future, Keep Your Past in Perspective

When Planning for the Future, Keep Your Past in Perspective

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In order to grow and improve your startup, it helps to take a close look at hidden and existing assets.
December 5, 2013 in Growth Strategies
8 Ingredients Every App and Software Business Plan Needs

8 Ingredients Every App and Software Business Plan Needs

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These factors are important to consider and forecast before you launch your business.
November 13, 2013 in Your Business Plan
A Business Plan for the Startup Economy

A Business Plan for the Startup Economy

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Access to capital is key in helping high-growth startups get off the ground and running. Here are two ways to help get them there.
November 7, 2013 in Financing
10 Reasons Not to Write a Business Plan

10 Reasons Not to Write a Business Plan

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Writing a business plan isn't for everyone. Here are ten strategies you might be better off trying first.
November 6, 2013 in Your Business Plan
How to Build a Business Plan For Your Personal Brand

How to Build a Business Plan For Your Personal Brand

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Your company branding deserves a business plan, so why not your personal branding? Here's how to get started.
October 31, 2013 in Branding
How to Grow Your Startup Into a Powerhouse in Less Than 3 Years

How to Grow Your Startup Into a Powerhouse in Less Than 3 Years

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Big brands are constantly planning for the future and strategizing their next move. Here's how you can use a similar approach to grow your startup.
September 11, 2013 in Your Business Plan

10 Business Plan Benefits You Might Be Forgetting

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If you think creating a business plan is not for you, think again. Here are ten ways your business plan can help you be a better entrepreneur.
September 6, 2013 in Your Business Plan
4 Ways to Fit Your Mobile App Into Your Business Strategy

4 Ways to Fit Your Mobile App Into Your Business Strategy

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Ask the right questions and make the right choices and your mobile app could be an integral part of your growth strategy.
September 6, 2013 in Mobile
Do Angry McDonald's Franchisees Have a Leg to Stand On?

Do Angry McDonald's Franchisees Have a Leg to Stand On?

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If you're thinking of becoming the owner of any franchise someday, there's an important lesson contained in what's currently going on with this fast-food giant.
August 23, 2013 in Franchises
Why You Shouldn't Send Your Business Plan to Investors

Why You Shouldn't Send Your Business Plan to Investors

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Creating a business plan is important. But the trick is in learning how to leverage it to best get funding.
August 23, 2013 in Your Business Plan
Video: Good Entrepreneurs Borrow, Great Ones StealPlay Video

Good Entrepreneurs Borrow, Great Ones Steal (Video)

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Fabrice Grinda expands on International Idea Arbitrage and how to execute existing ideas in emerging markets.
August 21, 2013 in Your Business Plan
How to Turn Your Business Idea into a Business Model

How to Turn Your Business Idea into a Business Model

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Once you have a business idea, it's time to get to the real work of getting it off the ground and running. Here are three ways to get started.
August 16, 2013 in Business Ideas
How and Why Business Plans Have Changed

How and Why Business Plans Have Changed

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The fundamentals of business plan writing remain the same, but there are some crucial changes these days that you should keep in mind when crafting your plan.
August 15, 2013 in Your Business Plan
10 Questions to Ask if You Want to Create a Winning Business Plan

10 Questions to Ask if You Want to Create a Winning Business Plan

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Throw out everything you know about a business plan. These are the questions you need to ask to sell your idea to investors.
August 12, 2013 in Your Business Plan
Crocs: From Footwear Fad to Billion-Dollar Company

Crocs: From Footwear Fad to Billion-Dollar Company

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This iconic shoemaker bounced back after the recession by revamping its product lines and distribution channel.
July 8, 2013 in Business Management
Why Your Business Could Be Failing Even If You Hit Your Numbers

Why Your Business Could Be Failing Even If You Hit Your Numbers

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More than half of businesses that meet their income forecasts fail. Here's why and what steps you can take to make sure your business forecasts are financially sound.
June 28, 2013 in Cash Flow & Money Management
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