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The Different Types of Business Plans

Up and Running

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

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What Type of Business Plan Do I Need?

Up and Running

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

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53 Questions Developers Should Ask Innovators

TechEmpower

It’s part of our job to ask questions about their plans, challenge their assumptions, and suggest paths to success. Still, if you’re a business leader and your developers haven’t asked you these questions, look for a Fractional CTO to help navigate the critical early stage of development. Tell me about the business.

Developer 520
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How to Wisely Utilize Debt for Business Expansion

The Startup Magazine

Debt is often viewed with caution in business, but it can be a powerful tool for fueling growth and expansion. By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability.

Finance 123
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8 Ways Entrepreneurs Keep Ahead Of Business Change

Startup Professionals Musings

If it ain't broke, don't fix it” is an old adage that really doesn’t work in today’s business world. If you don’t plan to reinvent yourself regularly, your competitors will make you obsolete, and any success to-date will likely be short-lived. That’s a type of re-invention that can give you a major advantage over competitors.

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Artificial Intelligence and Machine Learning– Explained

Steve Blank

Your job is to explain the impact computers will have on business, defense and society to people who are using manual calculators and slide rules. And they figure out how they could digitally enable their business – supply chain, customer interactions, etc. These technologies will transform businesses and government agencies.

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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. In the past, very little consideration has been given to finding people who share your purpose and values for the business. It’s a small cost to prevent a long-term loss.

Hiring 337