Browsing Tag

business plan

142 posts
strategic annual plan
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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 to achieving their stated result, for example, grow revenue by 5x over 24 months with existing resources and infrastructure, is...
growth challenges
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A New Business for 2022? Learn How to Ace Growth Challenges

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 will go through, their associated challenges and how to tackle them. There’s no doubt that if you're about to embark...
launch
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When is the Best Time of Year to Launch Your Business?

Is there such a thing as the “best” time of year to start a business? There are 30.2 million small businesses in the United States, according to the U.S. Small Business Administration (SBA). While these businesses certainly didn't start up at the exact same time, I do wonder if there are certain times of year...
business pitch
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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 complete pitch is an elevator pitch. The startup owner has to clearly explain the business opportunity to the investors, so...
veterans
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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 reported that there were over 379,000 veteran-owned employer businesses in the U.S., and overall, 6.8 percent of all employer businesses...
financing request
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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 much money, while others may not feel totally certain about the future of their company, especially nowadays. This leaves the...
monthly business plan
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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 and then down to the month. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here How?...
business plan
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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 on your short- and long-term goals. Your business plan puts your aspirations into words (and charts), demonstrating to partners, investors...
monetizing your true purpose
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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 dreams: They never begin. They quit too soon. They make poor decisions, derailing their ambitions. They worry about what others...
to do after PPP loan
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6 Things to Do After Receiving Your PPP Loan

You’ve gotten your PPP loan, spent it properly and hopefully qualify for full forgiveness. Congratulations! What’s next? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Here are six steps you can take now, after receiving and spending your PPP loan, to help ensure your business continues on the road to recovery:...
launch your business
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When is the Right Time to Launch Your Business?

If you’ve ever aspired to start your own business, you know how exciting the idea can be. It’s easy to get carried away thinking about all of the possibilities of a business you’re passionate about, and how you can develop that business to make those aspirations of running your own company a reality. But smart...
embrace business plan
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Embrace Your Business Plan for a Successful 2021

To journey without a plan or a map is simply just wandering. And wandering in business never leads to success. We need to be constantly reevaluating our business plans, almost to a point where they become a living organism. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Start by reflecting...