part 2 Guest article by Steve Breitman | Mindful Business Solutions In Part 1 of our discussion of Money Magnets, we listed several important things you can do to make your business more attractive to investors: * Patents/Copyrights/Trademarks * Letters of intent from prospective customers * Letters of intent with suppliers, vendors and manufacturers *…
Use this Sample Letter to Build Your Board of Advisors Having a Board of Advisors working with you can do wonders for solving problems, avoiding stupid mistakes, and attracting capital. Advisors are generally successful or retired executives, business owners, consultants, professors, or others who could help your business. You don’t need to pay them with…
WRITING YOUR BUSINESS PLAN: YOU CAN DO IT OK, take a deep breath… You can actually write a business plan because this software gives you everything you need to make it easy. “I teach a class for SCORE on how to prepare a business plan. You will be pleased to know that most of our…
In our last post, we talked about how to segment your market. Why will you want to do this, though? It is only human to ask the question- how will this benefit ME? To put it simply, knowing your market will allow you to determine your target customer. Target Customers Now that you’ve segmented the…
In our last post, we talked about two important factors for your market analysis, the market size and the market conditions. Today we’re going to talk about demographics which will allow you to segment your market. After you segment your market, you will be better able to understand who your target customer will be and…