Ask ten investors what the most important section of a business plan is, and you are likely to get back a variety of answers. For some, management team is the section to which they turn first. Others begin by reading about the market opportunity and your proposed solution to determine their level of interest. While…
Over the past several months you have been working diligently on an idea for a new business that is going to be your ticket to fame and more importantly, fortune. Your due diligence has shown a several billion dollar market opportunity, and you are now convinced that you have the right strategies to garner a…
You have chosen to start a new business. Having left “The Man” behind (your corporate job), you have decided now is the right time to launch your entrepreneurial venture. After many years of being accountable to a boss, to your staff, and your co-workers, you are ready to venture out on your own. You now…
I was recently chatting with a small business owner friend of mine who was explaining to me how his business performed just horribly in 2009, but in 2010 he and his team were able to right the ship and they ended the year with a bang. Sales were way up. His profits were way up. …
As an entrepreneur or small business owner, does your company spend time and/or money to positively contribute to your local community? If not, why not? While generally not part of a for-profit company’s “reason for being”, many organizations – both big and small – have made it their mission to be a contributing member to…