Business Plan Tips It’s Time For Reality.Com

Business Plan Tips Because of the fascination with Internet stocks on Wall Street, entrepreneurs are creating e-commerce companies by the thousands, in order to get a piece of this seemingly large, rich pie for themselves. The result of this rush to market has been in many cases a lot of hastily conceived, sloppily planned ventures Continue Reading

Business Plan Tips Highlight the Positive, But Don’t Ignore the Negative

While it is of course important to talk about what a great opportunity the company represents for a potential investor, don’t forget to discuss the risks inherent in the venture also. These are sometimes painful for an entrepreneur to include–sitting down and thinking about what could go wrong and what could cause them to fail–but Continue Reading

How to Write a Business Plan Investors Won’t Laugh At: Keep the Projections Realistic

By Brian Hill Entrepreneurs are frequently advised to make sure the financial projections in their Business Plans are “realistic” before they present them to potential investors. But what does that really mean? Some entrepreneurs interpret that advice to mean their projections should be ultra-conservative. Taken to an extreme, this means you are presenting what amounts Continue Reading

Marketing Strategies for Fine Foods

How to Market Fine Foods Fine foods run the gourmet gamut from asparagus in aspic to zinfandel zabaglione. Getting the food from your shelves to the customer’s kitchens depends on effective marketing strategies. Whether you run a fine foods shop or make just one special product, potential buyers need to know about you and your Continue Reading

Business Plan Tips Can You Sell Your Product

Yes, But Can You Actually Sell This Product? It’s amazing how many people put a statement like the following in their plan: “The total market for our product is projected to be $1 billion in five years. If we only get 10% of it, we will be a $100 million company in five years.” Well, Continue Reading

Business Plan Tips Highlight the Positive, But Don’t Ignore the Negative

While it is of course important to talk about what a great opportunity the company represents for a potential investor, don’t forget to discuss the risks inherent in the venture also. These are sometimes painful for an entrepreneur to include–sitting down and thinking about what could go wrong and what could cause them to fail–but Continue Reading

What Happens If You Get Hurt and Can’t Work

A minor mishap, staying home because you have the flu, or suffering an injury that only lasts a day or two doesn’t require insurance coverage. But what happens if you’re hurt to the extent you can’t work for several months? While many families have life insurance on their primary wage earner, the majority don’t have Continue Reading

Free or Almost Free Business Plan Assistance

The thought of preparing a business plan can be overwhelming. You don’t know where or how to start or what should be included. Sometimes all it takes is a nudge in the right direction. There are a number of places where you can receive free business plan assistance, or almost free, both online and in Continue Reading

Business Financing for a Small Business

Business financing can be critical to getting a new business off to a fast start. Most people think of investors or a bank loan. Here are two other alternatives. Credit Card Financing Let’s face it, almost every entrepreneur has used credit cards to purchase an asset for their business or supplies when company funds were Continue Reading

The Lesser Known Benefits of Business Planning

By Brian Hill Your Business Plan is a roadmap that guides your company to growth and profitability — the two major objectives of any business. But the planning process itself yields other benefits that small business owners are not always aware of. These benefits are a powerful incentive for all businesses to embrace planning as Continue Reading