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The Latest Questions Small Businesses Are Asking

Up and Running

A venture feasibility study analyzes an idea from several perspectives: market opportunity, competition, resources available, resource gaps, financial viability, operational issues, intellectual property rights, development timeline and technology needs. If not, the business idea is not feasible. Census Bureau.

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Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

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How to Form a Corporation

Up and Running

Consider finding and working with a CPA and a lawyer. Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea. Decide on your business location. In that case, use it!

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Establishing and Starting a New Business from Home: The Ultimate Guide

Women Entrepreneurs Can

In addition, you must comply with any local, state, or federal regulations related to your business structure. Get Necessary Licenses and Permits Depending on the type of business you’re starting, you may need to obtain certain licenses and permits. It will help you stay organised and focused on achieving your goals.

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How to Open a Marijuana Dispensary

Up and Running

Mitch Woolhiser saw a magnificent and unusual business opportunity in the budding marijuana industry in 2010. This is something that, as a business person, you can do that’s almost revolutionary,” he says. What product suddenly becomes legal that hasn’t been for a long time? Step 4: Write a business plan.

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Do You Have a Hobby or a Business?

Up and Running

And they serve as the first step in developing SMART Goals , which can help ensure that you actually develop strategic steps to make your fledgling business a success. Create a Lean Business Plan. Establishing goals also opens the door to develop a Lean Business Plan. Reach out to current customers.

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How To Make Money Like Facebook With Online Ads

Startup Professionals Musings

One of the most popular and least successful models I see in new business plans for startups is the so-called Facebook model, providing free services to users while collecting revenue from ads to offset costs and grow the business. The goal is for your visitor to be redirected to the site or product being advertised.

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