5 Frightening Causes of Small Business Failure
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...
Browsing Tag
business plan
142 posts
The Best Funding Options for Minority Entrepreneurs
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...
For Anyone Wanting to Start a Business, There Is a Season
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....
Monetizing Your True Purpose: How to Make Money at Anything
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...
4 Tips for a Successful Startup Partnership
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...
The Entrepreneur’s Guide to the Modern-Day Business Plan
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...
Learn How to Ace Growth Challenges in Your New Business
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...
5 Common Advertising Mistakes That Startups Make (and How to Avoid Them)
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...
6 Successful Dealmakers Provide Top Tips on Raising Capital
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...
How to Create a Fundable Business Plan
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...
Award-Winning Finance Expert Shares 5 Financial Musts Before Jumping Into Entrepreneurship
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:...
Why The Traditional Strategic Annual Plan is Failing You
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...
10 Ways to Create a Successful Business Pitch
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...
5 Things Veterans Should Know About Starting a Business
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...
4 Tips for Writing a Standout Business Plan Financing Request
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...
The 5 Things Investors Really Care About When Reviewing Your Business Plan
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....
Building a Monthly Business Plan
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 Step-By-Step Guide to Writing a Killer Business Plan
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...
WJR Business Beat with Jeff Sloan: Information Regarding Angel Investing (Episode 284)
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...
Ask the Experts: Armando Ojeda, Angela Barbash, and Marcia Dawood on StartupNation Radio
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...