Tag: BUSINESS PLAN

No Matter What, Write a Business Plan

  The new year is here.  Many aspiring entrepreneurs are planning to start a business in 2018.  Some would like a brick-and-mortar business while others would prefer an online business.  More and more would-be businessmen are considering e-commerce particularly the dropshipping kind. There is nothing like having your own business.  The challenge, excitement, risk-taking, and…

Don’t Start That Business Yet

Not until you have a clear business concept. What is a business concept? It is an idea for a business. It can be an idea for an entirely new product or service of a startup business or it can be an improvement or expansion of an existing business.  Whatever your business concept is, it should…

What Investors Are Looking For In A Startup

I often come across some would-be entrepreneurs who request that a business plan be prepared with accompanying pitch deck for prospective investors.  Preparing a business plan with this intended purpose can be extraordinarily challenging when a client-proponent had only an idea and a few research notes about the startup.  It will be difficult for them…

Business Plans: 7 Points to Highlight in Your Business Description

I welcome all small business owners (and would-be business owners) to my new series of posts under the category SMALL BUSINESS BOARD.  I am publishing here interesting tips, contents, materials, and links you may find useful in planning, managing, and expanding your business.   The business description briefly communicates to your readers – potential investors,…

WHAT YOU HAVE TO KNOW ABOUT BUSINESS PLANS

  YOUR BUSINESS PLAN Last week, I mentioned in the SMALL BUSINESS BOARD page that you have to create a business plan before doing anything else.  You have to be very clear about the characteristics or attributes of your product, service, or idea – what its unique features are.  Who will be your customers, your…