article thumbnail

Wow! Are your relationships important!

Berkonomics

This is the time to elevate those insights to the level of highest value for the corporation, one that cannot be listed on a balance sheet nor included in an appraisal of corporate worth. 15% typically is spent on direct management issues such as supervision of next level subordinates.

article thumbnail

[Review] Warren Buffett’s Management Secrets

YoungUpstarts

What few people know is that Buffett is not just a savvy investor but a great manager and business leader. Here, we’re told that the best companies to invest in and to work for are those with strong financials and balance sheets (as opposed to the touchy feely stuff like values, vision and so on).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Write a Business Plan for a Service Business

Up and Running

Event planners are selling the service of planning and managing events such as weddings and corporate retreats. Your executive summary is an overview of your entire business and a preview of the rest of your plan. Write your executive summary last, after you’ve written the rest of your plan. Take a car repair shop, for example.

article thumbnail

Startups: How To Apply For (And Win!) Business Awards

YoungUpstarts

For instance, these are the London Business Awards available for the rest of 2019: It really is worth checking whether your particularly business sector offers regional or national awards, as these can be very niche! Boost.com provides a list of all UK Business awards as split by region or industry, complete with deadlines.

article thumbnail

30 Entrepreneurs Explain Their Major Accomplishments In 2021

Hearpreneur

We have also managed our company budgets successfully and avoided unnecessary spending. I'm proud that we've managed to bring in more clients and keep our existing clients happy. I'm proud of the fact that we've managed to bring down costs and managed to solve many of the problems we initially had. Photo Credit: Justin A.

article thumbnail

How to Think About (and Reduce) Risk When You’re Starting Your Own Business

Up and Running

A bank or fund manager will always ask you what is your appetite for risk; is it low, medium, or high? Would I regret it for the rest of my life? I am a visionary—not interested in day to day management—so now I have someone in each company who runs it on a day to day basis so I can do the strategic thinking.

Lean 93
article thumbnail

How to Write an SBA Business Plan — SBA Template and Checklist

Up and Running

In addition to all the other documentation required for the loan, you’ll need to produce a business plan to accompany the rest of the loan application. Having this prepared upfront will not only increase the chances of your application being approved but will make it much easier to manage the loan after you receive funding.

SBA 79