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Showing articles 1 - 20 of 214 total

Alice In Wonderland - A Parable for A Business Plan (July 23 2007)         - claim this article

Remember reading "Alice in Wonderland?"

She asks the Cheshire Cat, "which way I ought to go from here?" "That depends a good deal on where you want to get to," said the Cat. "I don't much care where," said Alice.

I Always Play by the Rules and It Stinks! (July 23 2007)         - claim this article

This week I coached a wonderfully lovely woman I'll call Jill. She's a bright woman, very compassionate and sweet. She's at one of the corporations where I am an outside consultant/coach. This was our first meeting but within seconds I could tell she had a lot on her mind.. and her plate.

More Uses for Your Business Plan (July 23 2007)         - claim this article

You have invested a lot of time and energy on writing a business plan just to get a loan or to attract an investor. What do you do when you get the money or, worse, should you be turned down?

Five Crucial Components of a Business Plan (July 23 2007)         - claim this article

The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make it work.

Sample Business Plan Outline (July 23 2007)         - claim this article

If you are looking for a partner, funding, angle investor or venture capital you will be asked for a business plan. Even if you are not in need of capital in the formation of your new business endeavor you will still be glad you prepared a business plan to help you prove to yourself that you have the right stuff and that the business is economically viable. The first step in the creation of your new business will be making a customized business plan. Please use this outline as your template to insure you do not forget anything important. This is a business plan format and outline I had created after reading over ten business plan books and taking the best of each of them and putting them into one outline. I give this to your freely and wish you great success in your new business. It is the great entrepreneurial spirit and the entrepreneur that build this great nation, glad to see you are one of us

Laying It Out On Paper (July 23 2007)         - claim this article

You might be thinking to yourself, "Why should I waste my time writing a business plan? I know what (web designers, freelance writers, professional organizers) do!" Knowing intellectually what your industry is all about and pinpointing exactly where you want your business to go are two entirely different propositions.

6 Steps To Laying Out Your Competitive Strategy (July 23 2007)         - claim this article

Why do so many companies languish and watch as their business turns into a zero profit zone, while others seem to thrive?

Thinking Like A Farmer (July 23 2007)         - claim this article

One of the difficulties we face in our industrialized age is the fact we've lost our sense of seasons. Unlike the farmer whose priorities change with the seasons, we have become impervious to the natural rhythm of life. As a result, we have our priorities out of balance.

Completing the Annual Planning Process (July 23 2007)         - claim this article

Imagine an office without a desk, or lights, a computer, or even something as simple as a chair. When the architects and designers started planning a building or office space they knew they would have to make concessions for these items during each of the building activities. As marketers, we take part in many activities, much like a builder or designer does.

Expanding your business in a franchise system (July 23 2007)         - claim this article

If you are a successful franchise of a large franchise brand or chain, chances are you will wish to expand. The most important thing to do is make sure you are on the most positive terms with your franchisor. You should tell your franchisor at the earliest point of your plan to expand. It is important that you ask the franchisor for help when you are expanding. Growing your business is not an easy task. It requires systematic checks of your business. The kind of checks your car does electronically such as sensors telling you:

Business Plan: The Simplest Business Plan Ever (July 23 2007)         - claim this article

If you're a solo professional like I am, you know how tough it is to find any time at all to do any business planning. Doing a full business plan is a must if you're planning to seek financing or investors, but most solo professionals don't need anything that complicated.

How to Write a Business Plan in Five Steps (July 23 2007)         - claim this article

People often ask "What makes a good business plan? Or, "How do I make my plan attractive to lenders and investors?".

Connecting Your Offline Business to Your Online Business (July 23 2007)         - claim this article

These may sound like no brainers, but you'd be surprised. No matter how high-tech your business has become, there is no doubt you still have some non-electronic aspects of your company. These are things like your business cards, stickers, and work shirts, to name a few.

Restaurant Startup - Part 1: Market Research - What are Potential Competitors Doing? (July 23 2007)         - claim this article

The first step in starting a restaurant is proper planning. One must lay out a plan complete with goals, priorities, and the tasks that he will need to complete in order to achieve these goals. The biggest mistake first time restaurant owners make is improper planning. Ambition, while absolutely required, is simply not enough to succeed in the highly competitive food service industry.

Family and Friends Referrals Make the Best Franchisees (July 23 2007)         - claim this article

As a franchisor it is imperative that you seek, find and recruit the best franchisees to maintain a strong franchise system. Your current Franchisees are your very best sales people, sometimes without even knowing it. As a franchisee starts making more money, it will show. Soon they will be moving out of their apartment or home into a nicer area. They will be driving a nicer car. They will be frequenting nicer eating establishments. A female franchisee's husband will tell the guys at work in a bragging way how great his wife is doing and that he plans on quitting his job to help her. A male franchisee's wife will brag to her friends that she is planning a vacation of that they bought a new indoor four-person Jacuzzi. Her friends will entice their husbands and boyfriends to look into the franchise, franchise companies should encourage this scenario and spend more time and money on referrals than straight sales. Sure mass marketing works, but throwing spaghetti at the refrigerator until something sticks is not very becoming of a star rated franchise system. Many times people at the franchisee's old job will start talking, "Hey, did you hear about Skip?, He's really doing well with that new franchise thing he doing." "Yah! Have you seen his new Corvette."

10 Ways To Make Your Business Unique (July 23 2007)         - claim this article

1. Largest Selection -

One way that you can make your product or service stand out is to offer the largest selection of products, services or programs. Example: Home Depot, E-Bay, Staples, Amazon.com

Describing Intellectual Property in Your Business Plan (July 23 2007)         - claim this article

Most companies that are worthy of raising venture capital have proprietary Intellectual Property (IP). In fact, the quality of the IP and the management team are often the two most important aspects of a venture capitalist's investment decision. The challenge that many ventures face, however, is that most investors will not sign non-disclosure agreements (NDAs), and NDAs are critical to maintaining the proprietary nature of the IP. This article details the appropriate strategy for addressing proprietary IP in your business plan in order to attract investor attention while retaining the confidentiality of your inventions.

What is Your MSP? (July 23 2007)         - claim this article

For many consumers and producers, MSP is an acronym for Manufacturer's Suggested Price. Today, I would like you to consider a different definition for these commonly used letters Marketing, Sales and Profitability.

Hunters and Gatherers - Are You Serving Both Their Needs? (July 23 2007)         - claim this article

The University of Exeter in the United Kingdom recently published research financed by Barclays Bank, which has implications for everyone who is serving the general population.

Your Business: Will It Have A Happy Ending? (July 23 2007)         - claim this article

"Begin with the end in mind," says Stephen Covey in his book Seven Habits of Successful Living. Those who have created a successful business know it does not happen without planning, hard work, and a little luck. Yet most have no plans for leaving their business, ever.

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