What Do You Do If You Have a Great Concept But Need Funding?
ShareWhat Do You Do If You Have a Great Concept But Need Funding?
You have a new “Concept” or “Idea”. Congratulations! Now what do you do?
If the acquisition of capital is your primary goal for your business, then let’s take a step back and see what you need to do.
Many entrepreneurs become so excited with [...]
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Did You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
ShareDid You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
I am often amused when someone claims they don’t need a BP (Business Plan) because they “fly by the seat of their pants”, or “a BP is a waste of time”; then smugly point out they have [...]
5 Basic Steps Defined for Long-Term Profitability
Share5 Basic Steps Defined for Long-Term Profitability
In case you hadn’t noticed, many articles, experts, textbooks, etc. tell you that you are “confused” if you don’t subscribe to their particular definition of business terms. I too have my set of definitions, and because this is my Blog you will find them listed below.
Please understand that my [...]
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4 Points Identify Your Target Market- Part II
Share4 Points Identify Your Target Market- Part II
During our original discussion of “Identify your Target Market” we narrowed it to 4 main points:
1. Become a specialist! One of the first things you need to do is refine your product or service so you are NOT trying to be ‘all things to all people.’
2. Next, you need [...]
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Business, Strategy, Marketing and Sales Plans Defined
ShareBusiness Plan: Two Plans in One
#1. The basic Business Plan lays out the factual, nuts and bolts foundation of your business. From that full blue print of your business, you may confidently:
Build your business
Implement on-going strategies
#2. Whenever funding is needed,
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“What do small business owners do when they need to hire the first or second employee?”
ShareThis is a very interesting discussion for owners who are questioning what route is best in bringing on new people into their company.
http://www.linkedin.com/groupAnswers?viewQuestionAndAnswers&discussionID=8492557&gid=2877&commentID=7479286&trk=view_disc
9 Tips How to pick a Business Idea – Part II
ShareAs we discussed in Part I, if you have been considering starting your own business but can’t find that perfect idea, maybe the following will help you.
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5 Tips to Select a Business YOU would like to Start – Part I
ShareWhether we are referring to our business or our life ~ we wonder what our next 30 years has in store for us.
A year ago, many of us felt we had the luxury of pondering if we wanted to continue working or if we wanted to retire. Our biggest concern was that we were being [...]
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Defining Business, Strategy and Marketing Plans
ShareBusiness Plan: Two Plans in One
#1. The basic BP lays out the factual, nuts and bolts foundation of your business. From that full blue print of your business, you may confidently:
• Build your business
• Implement on-going strategies
#2. Whenever funding is needed, you are able create the needed documentation ……
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8 Tips to Achieve Effective Business Planning
ShareA written plan is your Road Map to Success. It doesn’t matter how simple the plan is as long as it realistically reflects the components of your business.
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