This time of year, ghosts and ghouls aren’t the only things that should be sending chills down your spine. As an entrepreneur, you need to be aware of how very real and serious the potential...
Getting funded can be a challenge for any investor. But for minority entrepreneurs, finding and securing capital can often require going the extra mile. Some entrepreneurs have found success in finding an investor who believes in...
Is there such a thing as the “best” time of year to start a business? A strong argument can be made for early in the year, when entrepreneurs are rewarded with tax and accounting benefits....
By now, you've mastered the importance of cracking your life’s purpose code and finding your purpose. Now, it’s time to discuss monetizing your true purpose. There are five primary reasons people do not achieve their...
So, you’ve got a bright idea for a business and you’re ready to get started. You’re buzzing with excitement and you’ve started planning everything from branding and marketing through to sales and distribution. However, when...
For the past 20 years, my company and I have written business plans for thousands of firms. Interestingly, over this time, many aspects of business planning have stayed the same. Specifically, the three core reasons...
Before all else, if you're about to start your journey as a new business owner, congratulations! And welcome to the entrepreneurial world. Before setting the wheels in motion, discover the various growth stages your business...
Entrepreneurs can’t afford to make big mistakes. According to data from the U.S. Bureau of Labor Statistics, one in five small businesses fail in their first year, and about half of small businesses fail by...
Bootstrapping will only take your startup so far. Many businesses underestimate how much money they really need to keep going and growing, and they run out of runway. When raising capital, these investor-entrepreneurs and members...
Business plans are created for various reasons. Sometimes a plan is prepared for a strategic partner. In this case, the partner might want to better understand your strategy, milestones and staffing to determine whether to...
So, you want to start your own business — in which you are your own boss and you’re in control of your professional destiny. You’re mentally ready to become an entrepreneur, but the question is:...
For small to mid-sized enterprises, the annual strategic planning process can be fraught with frustration. On one hand, it is acknowledged that the most accepted best practice for a business to go from their vision...
Recently, the term "business pitch" has become as popular as the term "startup." A pitch is essentially a business plan that one presents verbally to potential investors of a business. A shorter summary of the...
Pursuing a second career after leaving the military can be challenging, which is why a growing number of veterans choose to become entrepreneurs. A 2018 study by the the Small Business Administration (SBA) Office of Advocacy...
One of the most important elements of a business plan is a financing request, or the amount of funding your business is requesting of potential investors. Many entrepreneurs may worry they are asking for too...
A business plan is an essential tool for startups and, when executed correctly, it serves two key purposes: It provides goals and a roadmap for you to follow in order to build a successful company....
While it’s important to create a 10-year business model, your real focus should be on your business plan for three years, two years and one year. Once that’s set, reverse engineer it to the quarter...
A business plan is as important to a new business as a map is to a ship, or blueprints are to an architect. A written business plan will guide your actions and keep you focused...
On today's Business Beat, Jeff speaks with Marcia Dawood, chair of the Angel Capital Association Board of Directors, regarding the advantages of angel funding to finance and launch a business. Tune in to the Business...
On this week's episode of StartupNation Radio, Jeff speaks with StartupNation's subject matter experts from SCORE Mentors: Armando Ojeda, Angela Barbash, and Marcia Dawood. Tune in to the full StartupNation Radio show with Ojeda, Barbash...