Business Plan Blog

JUNE 13, 2013

Read about How to Write a Business Plan. A business idea is not enough to build a successful business. Ideas are everywhere, but successful businesses are not. The difference lies in having a solid business model and business strategies around your great idea.

Business Plan 55

Business Plan Balance Sheet Restful Differentiation 55

Startup Professionals Musings

JULY 14, 2023

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. A key is your differential advantage from alternatives. Bargaining power of suppliers.

Differentiation 220

Differentiation Framework Equity Business Plan 220

The Startup Magazine

AUGUST 31, 2019

By using a free business plan template and developing it in detail before you take any significant steps, you can focus on the right areas and identify any flaws before you make an investment. Developing a business plan also gives you the chance to get feedback on it and make use of some much-needed advice.

Business Plan 122

Business Plan Startup Differentiation Balance Sheet 122

Up and Running

MAY 30, 2022

One of the most important things you can do to increase your chances of success is to have a business plan. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction. And it’s not just for startups.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Startup Professionals Musings

OCTOBER 24, 2020

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. A key is your differential advantage from alternatives. Bargaining power of suppliers.

Differentiation 378

Differentiation Framework Equity Business Plan 378

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

Startup Professionals Musings

JANUARY 29, 2011

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246

Startup Professionals Musings

MAY 29, 2011

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Business Plan 234

Business Plan Product Entrepreneur Differentiation 234

The Startup Magazine

SEPTEMBER 13, 2017

If given a choice, most people would like to own their own business, be their own boss and build their dream rather than working for someone else’s dream; what holds them back is not having the know-how (a business plan), which creates doubt and fosters fear of failure. 3 ) Return on Investment: Can you make money?

Technical Review 112

Technical Review Differentiation Operations Restful 112

YoungUpstarts

MAY 13, 2014

Finding your niche is a great way to differentiate your business and build a reputation within your industry. However, staying too niche can limit your growth, and you may miss out on an untapped market that fits perfectly within your business model.

Pennsylvania 224

Pennsylvania Retention Differentiation Reputation 224

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

The Startup Magazine

AUGUST 27, 2018

Then you devise a suitable business plan and craft the most relevant business model to maximize your sales and revenue. When you have a business plan, then you determine the core strength of your mobile app. After you are done with the above, you next step is to write down your business plan.

Mobile 60

Mobile Social Media Marketing Business Model 60

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

MAY 9, 2010

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Business Plan 121

Business Plan Product Differentiation Business Model 121

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 320

Search Business Model Customer Development Agile 320

Startup Professionals Musings

AUGUST 12, 2019

We certainly want to hear about any positive feedback you have from potential customers on your idea, your prototype, and your business model, but that better not be the end of the story. We want to see a documented business plan that clearly addresses this challenge. Reducing margins to lower prices won’t help your case.

Intellectual Property 215

Intellectual Property Agile Differentiation Government 215

Duct Tape Marketing

APRIL 6, 2022

You know, could you look at my business plan? See if the business model works, all these questions. Do you have big plans? Or are you happy to run just the local restaurant that is differentiator. So you are your, your business model. How do you differentiate yourself?

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Startup Professionals Musings

AUGUST 20, 2012

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 230

Product Business Plan Differentiation Business Model 230

Startup Professionals Musings

SEPTEMBER 21, 2018

Intellectual property is also a clear differentiator from your competitors, and indicates a serious commitment rather than testing the water. Most solo entrepreneurs can’t show the range of experience or skills to build a winning business alone. Pick a platform that fits your business model or industry.

Equity 236

Equity Intellectual Property Elevator Pitch Social Media 236

Up and Running

MARCH 8, 2016

To do really well, you need business smarts and you need to stand out from the crowd. Because you’ll be entering an already-saturated market, you will need to figure out a way to differentiate your service offerings. Getting funded and writing a business plan. If this is the case, you will need a business plan.

SBA 60

SBA Technical Review Software Review Business Plan 60

Startup Professionals Musings

MAY 24, 2013

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. A key is your differential advantage from alternatives. Bargaining power of suppliers.

Framework 200

Framework Startup Differentiation Equity 200

Startup Professionals Musings

APRIL 25, 2012

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. A key is your differential advantage from alternatives. Bargaining power of suppliers.

Differentiation 235

Differentiation Framework Equity Business Plan 235

Entrepreneurs-Journey.com by Yaro Starak

SEPTEMBER 13, 2011

You can check out part one of this series here: Part 1: Which Is The Best Business Model For Your Startup – B2B Or B2C? B2B” – means that you are selling a product or service to other businesses. In selling terms, selling a commodity is exceedingly difficult and it is very hard to differentiate from the competition.

B2B 105

B2B Business Model B2C Agile 105

YoungUpstarts

MAY 26, 2017

Your pitch deck is the most important assets your business will have, arguably more than the business plan itself. Based off the “Pitch then Plan” template originated by Silicon Valley venture capitalist Guy Kawasaki, I believe in creating a strong pitch first and then building a business plan based on it.

Cofounder 185

Cofounder Silicon Valley Forecast Business Plan 185

Rob Go

MARCH 27, 2012

That is that old fashioned business planning has fallen too far out of favor and needs to be brought back to the forefront. This trend away from business planning started with very positive roots with the concepts behind Steve Blank’s work and later with the Lean Startup movement.

Business Plan 51

Business Plan Differentiation Lean Internet 51

Gust

AUGUST 12, 2012

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 150

Product Business Plan Differentiation Business Model 150

Startup Professionals Musings

SEPTEMBER 8, 2010

One of the key sections of any business plan is the analysis of the competition. Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and competition. This is where most current business plan analyses focus today. Either way you lose.

Startup 215

Startup Differentiation Framework Equity 215

Up and Running

FEBRUARY 12, 2019

It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Startup Professionals Musings

FEBRUARY 13, 2016

As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. What is the business problem you are solving? How does your business model make money?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Up and Running

APRIL 11, 2016

While traditional business models provide a more regular income, in the real estate world, it might be three months before you get paid—and it could even be longer. Step 1: Planning. According to real estate investor Eric Bowlin , the purpose of a business plan is twofold. Free Business Plan Template.

Reputation 60

Reputation Cofounder Naming Business Plan 60

Up and Running

MAY 16, 2016

Step 1: Formulate your business plan. Home health care is unique in many ways, but the one thing it has in common with every other new business venture is that a lack of adequate planning and forecasting is a sure way to undercut its potential success. See Also: 12 Tips for a Wildly Productive Home Office.

North America 95

North America United States Technical Review America 95

Up and Running

JANUARY 24, 2014

It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Up and Running

MARCH 20, 2017

It’s no joke that the number of essential, necessary costs can be enough to make a new business owner’s head spin. Nonetheless, not all business costs are compulsory. When writing a business plan, most new entrepreneurs are hesitant to invest in thorough market research, mostly for financial reasons.

Social Media 116

Social Media Early Stage Audience Media 116

Business Plan Blog

JULY 9, 2013

When developing a business plan and business model, it is important to look beyond the product/service/competitive advantages and try to establish advantages that are truly sustainable. A one-of-a-kind, differentiated product line may have several competitive advantages. While all I.P. Dynamic Product Line.

Intellectual Property 45

Intellectual Property Differentiation Distribution Business Plan 45

Up and Running

OCTOBER 16, 2018

Use a Lean Business Plan as a tool to get started. Any time you’re thinking of starting or acquiring a business, it’s a good idea to put together a Lean Business Plan to help you think through each aspect of your business before you invest your time and resources. Pricing your services.

Lean 63

Lean Advertising Differentiation Cost 63

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Even if this costs more than 2 years of in-house assembly, it’s still worth it, due to accelerating revenue growth due to up-sales and market-differentiation. It’s worth even more in the second year, in which their “do it yourself” plan would still not yet be kicking in. This had to be remedied.

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Up and Running

NOVEMBER 13, 2012

Describing your key differentiators from your competition is a great exercise and ensures that you are building a unique solution that customers will hopefully choose over other alternatives. These differentiators will also help you focus your marketing on the key value proposition that you offer that your competitors don’t.

Elevator Pitch 166

Elevator Pitch Forecast Oregon Differentiation 166