7 Financial Questions to Answer in Your Business Plan Whether you’re requesting funding or just growing your business, a great business plan has a strong financial section. It includes the Profit & Loss statement, Break Even Analysis, and much more. Although you may not be a math […]
Read more →Business Plan and Implementation Document (B-PAID) B-PAID, or Business Plan and Implementation Document, is a new term I heard from a gentleman named Jullien Gordon. Business plans aren’t meant to be written and then placed on a shelf. They are meant to be implemented. Within a business […]
Read more →Hypergrowth Business Plans The first question you may ask me is “What’s a hypergrowth company?” It’s a company that doubles its revenues every 2-5 years (or 20%-50% per year). Hypergrowth companies have extraordinary revenue growth but also unique challenges. The best companies have controlled and deliberate growth. […]
Read more →Nonprofit Business Plan Lessons I receive many phone calls from nonprofit Executive Directors. They have a passion for helping people. Their missions are admirable. I hear 2 questions all the time: How can we raise money? How can we receive grants? Nonprofits are still businesses and must […]
Read more →Why You Should Discuss Your Team Training Program in Your Business Plan Great team members help you reach the next milestone in your business and can make your business; however, you stand to lose millions if they’re not trained properly. Investors recognize this and fund not only […]
Read more →Your One-Page Business Plan Cheat Sheet As entrepreneurs writing business plans, we can’t be expected to remember everything we need within our business plan. Therefore, I’ve created a simple cheat sheet for you! Great business plans include: A beta test or market survey of the idea. Businesses […]
Read more →SWOT Analysis and Business Plans As a business plan writer, I often include a SWOT Analysis for my clients. SWOT Analysis (alternately called SLOT Analysis) is a popular strategic planning method used to evaluate the Strengths, Weaknesses/Limitations, Opportunities, and Threats involved in a business venture. It involves […]
Read more →You probably don’t need a full business plan if you don’t need an investor. Simply writing 2-3 pages will help you immensely. Once you’ve written this small plan, I suggest you get started. A great business plan answers the following questions: 1) Define your business in 1 […]
Read more →How to Use Advisory Boards to Receive Funding While your senior management team works on the day-to-day operations of attracting, servicing and retaining customers, smart entrepreneurs also recruit Advisory Boards. They are the great secret weapons of today’s fastest growing companies. An Advisory Board (which are different […]
Read more →Writing Your Business Plan to Transition to Full Time Entrepreneurship I recently received a wonderful email from a woman who heard me speak on a webinar. She told me she was transitioning to full time freelance work and thanked me for the advice I gave. I have […]
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