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Dealing with No, Getting to Yes Few words in the English language express finality like “no.” Yet, if you intend to chase your dreams, live the life an entrepreneur, and get your business idea funded, it is likely a response you will hear more than a few times. In our...
Identifying and Responding to Business Risks One of the more challenging components of a business plan is creating the section focused on risk factors. This segment generates the most questions from plan authors, creates more uncertainty, and is the one that tends to...
A Plan that Works and Evolves With You Similar to how your personal resume reflects your professional evolution, your business plan should serve as your organization’s resume. It should capture your latest ideas and forecasts, while expressing why your organization...
How Financial Markets Impact Your Small Business We see it nearly every day in the financial press and on the financial news channels, the U.S. economy seems stuck in neutral. The credit crisis of 2008/2009 and the subsequent Great Recession disrupted capital flows so...
When is the Best Time to Seek Funding? If there is anyone who can identify the exact moment (day and hour) a company should seek funding to optimize terms, they should be considered for a spot on Mount Rushmore or have a bust displayed in the Smithsonian Institute....
Just What Are Investors Looking For Anyway? So much time is devoted to coaching business plan writers on what NOT to do (reference Common Reasons Business Plans Get Rejected), we thought it would be helpful to allocate a few paragraphs to some of the aspects that...
