Is your inability to write a business plan stopping you from starting a business? If YES, here are 10 undisputed reasons why business plans are a waste of time. Many business experts will tell you that one of the first steps towards starting a successful business is to write a business plan. Business consultants, investors,…

 

CHAPTER ELEVEN – This section explains how you plan to run the company day-in day-out. In other words, you will describe how you will go about creating and delivering your product or service. Are you currently writing a business plan? If YES, here’s an in-depth guide and sample template on how to write a workable…

 

CHAPTER NINE: Part B – Are you in the process of writing a business plan and you want to conduct a competitive market analysis or competitor analysis? If YES, then I advice you read on. After giving the reader a good idea of the important trends and paradigm shifts in the industry, you will need…

 
 

Are you currently writing a business plan and want to do break even analysis? If YES, here’s a beginner’s guide on how to calculate break even point for a business. Every business is established with the aim of making profits. No entrepreneur wants to go through the stress of establishing and running a business that…

 

Do you want to uncover the hidden gems and strategies of a company CIA style? If YES, here are 7 steps to conducting a thorough SWOT analysis on a company. SWOT analysis is a strategic planning technique used to help a person or organization identify their Strengths, Weaknesses, Opportunities, and Threats relating to business competition…

 

Do you need strategies that will improve your brand online and help you stay competitive? If YES, here are 7 steps to writing a winning digital marketing plan. Digital marketing can be described as the marketing of brands, products or services using digital technologies, mainly on the internet but also including mobile phones, display advertising,…

 

Between a business plan vs a marketing plan, which is more important to your small company? Here is a detail comparison and difference between a business plan and marketing plan. The purpose of every business is to make profit, and for that profit to start rolling in early enough, certain plans and processes have to…

 

Are you conducting feasibility study on a business and need help doing the analysis? If YES, here is a complete guide on how to do technical and manpower analysis. Starting a business is not as easy as it sounds because startups are amongst the number of businesses that fail within the first 3 years of…

 

Are you conducting feasibility study on a business project and need help doing the analysis? If YES, here is a complete guide on how to do risk and sensitivity analysis. The rate at which businesses fail can be traced to lack of business training. Most people jump into a new business once they notice that…

 

Are you about conducting market research for your business? If YES, here are 10 ways socio-cultural factors affect your business and what to do about it. Being in business is not only about knowing how to make sales and generate great profits, but it also involves understanding the environment you intend establishing your business. A…

 

Do you want to do a business plan presentation? If YES, here are 21 best tips on how to start a business plan proposal presentation that thrills your audience. One of the primary jobs of an entrepreneur is to sell. As an entrepreneur, you must sell to your customers, clients, suppliers, partners, investors, government agencies,…

 

A business plan is one of the most important tools for business planning. It serves not only as a blueprint but also as a control mechanism for your business. However, not everyone has a background in business or financial management and certainly; and not everyone knows how to write a business plan. You may even…

 

It is a known fact that 99% of all business plans written and presented to investors don’t get funded. Why? What’s responsible for the high rejection rate of business plans? Well, this article will highlight all the facts you need to know. Angel investors, venture capitalists, and loan-issuing institutions receive tons of business plans every…

 

Are you contemplating hiring a business consultant vs using a business plan software for writing your business plan? If YES, here is a comparison on the best of the two. You already did a whole lot of work brainstorming and coming up with a good business idea, now it’s time to write your business plan…

 

Okay, you have decided to buy a business plan writing software rather than hire a consultant. However, before you pull out your credit card to make the purchase, below are ten tough questions to ask before buying a business plan writing software. Imagine that you are a smart business man or woman who has worked…

 

If you are currently thinking of buying business plan software, then I advice you consider these ten factors before choosing a business plan software to buy. Are you one of those investors who still ask questions like “Do I really need a business plan?” I guess it’s time to stop asking that question because you…

 

Why is Business Plan Pro the best business plan writing software in the marketplace? Well, this article will spell out the pros and cons of the Business Plan Pro software. A business plan is a very important tool that you need to start and grow your business. To help your business to succeed, it is…

 

Are you contemplating using a business plan software vs handwriting a business plan yourself? If YES, here is an in-depth comparison on the best of the two. There are three ways to write your business plan; a. Writing it yourself-: If you have the skills and expertise, you can write your business plan yourself. b….

 

CHAPTER FIVE – Though, a business plan is a plan itself, your business plan needs some planning. Drafting a short strategic plan of about 2-3 pages can help you come up with a more detailed and comprehensive business plan. So, a strategic plan should be the foundation for your business plan. Before you develop your…

 

CHAPTER EIGHT: Part A – This section of your business plan will fundamentally answer two important questions: Who are you? What do you plan to do? Answering these questions in a succinct and simple manner would provide an ample introduction of why you are in business, why you are different from the competition, what you…

 

CHAPTER ONE – It is a fact that 99% of ideas don’t get funded and 99% of new businesses fail in 10 years. Here are 8 questions to help evaluate if your business idea is good. The harsh truth about small business financing and startup funding is that 99% of all businesses that apply for…

 
 
 

CHAPTER NINE: Part C – How do you conduct a risk assessment on an idea when writing a business plan? Or you need a sample business risk assessment template? I advice you read on. Every business involves some risks. This may be little or much depending on the type of business as well as many…

 

CHAPTER THREE – What is the difference between a business plan and a strategic plan? Which of them is more important to a start-up company? Well, I advice you read on to find the answers you seek. Although the two terms, Business plan and Strategic Plan, are used interchangeably most of the time, they are…

 
 

CHAPTER TWO – Is a feasibility report the same as a business plan? What’s the difference between a feasibility study report and a business plan? Can a feasibility report be converted to a small business plan? Well, I will advice you read on to find the answers you seek. Now there seem to be a…

 

Do you know how to conduct feasibility study on a business idea? What if I provide you with a feasibility study template and sample? If I show you a practical feasibility study outline, will you appreciate it? If your answer is yes, then read on. In the previous article wrote, I stressed the importance of…

 

CHAPTER FOUR – What are the elements a business plan? What are the components of a business plan? What makes a business plan attractive to investors, bankers and VCs? Well, you are going to find out in this article. From my experience as an entrepreneur and investor, I can confidently say that all business plans…

 

What are the factors to consider when choosing a business location? How do you conduct a business location analysis? What’s the importance of location to a business’ success? Well, i advice you read on to find the answers you seek. Choosing a small business location is an issue most entrepreneurs approach with a pinch of…

 

How do you analyze a small business opportunity? How do you differentiate good small business investment opportunities from bad ones? How do you assess a business opportunity to know if it’s worth pursuing? Do you want to learn how to evaluate a business opportunity? Then i advice you read on. “There are no bad business…

 

What makes a business opportunity feasible? How do i find the best business to start? How do i identify a good business idea or opportunity? How can i determine the profitability of a business venture before investing in it? I advice you read on to find out. Everyday, I come across entrepreneurs who are so…

 

CHAPTER EIGHT: Part E – Are you in the process of starting a business? How do you plan your business legal structure? What is the legal structure of a business plan? Well, I advice you read on to learn how to legally plan your business structure. In case you are wondering where your business belongs,…

 

CHAPTER TWELVE – How do you plan your business growth strategy? How do you present your business growth strategy in a business plan so that investors can comprehend easily and sign the check? Well, this article is going to provide an in-depth guide on how to plan and present your business plan growth strategy. Usually,…

 

CHAPTER FOURTEEN – Do you have a business exit strategy? What is your business exit strategy? If you are writing a business plan and you are yet to input your exit strategy, then you have not started. This article is going to help you write your business plan exit strategy. Unless you are a joker…

 

CHAPTER SEVEN – A good executive summary is the holy grail of good business plan writing. Even though it comes after you have written and thought through every other facet of your business, it is arguably the most important part of the puzzle. As its name implies, the executive summary is a brief overview of…

 

CHAPTER EIGHT: Part C – Having answered the “what” and “why” questions about your business, it’s time to answer the “how.” Are you in the process of writing a business plan for your small business? Do you need help writing your business plan goals and objectives? Then below is an in-depth guide on how to…

 

CHAPTER NINE: Part A – How do you conduct industry analysis for a business plan? Do you need help conducting market research and industry analysis for your business plan? Then I advice you read on. So you have a great business idea, you have refined and fine-tuned it, and you are ready to launch. You…

 

CHAPTER FIFTEEN – The world is filled with brilliant ideas but unfortunately, not all business ideas will get the required funding. Are you in the process of raising capital? Do you want to know what it takes to do a business plan presentation and walk away with the money you need? Do you want to…

 

CHAPTER THIRTEEN – How do you prepare a business plan financial statement? Do you need help developing business plan financial projections? Do you need a business plan projections template? Then i advice you read on because this article is for you. The financial statement is a distinct section of your business plan because it outlines…

 

How do you ascertain the profitability of a business idea? How do you turn a business idea into an opportunity? How do you decide if an idea or opportunity is worth pursuing? Well, the answer to the questions above is a “Feasibility Research or Study.” Do you want to learn how to research a business…