Growthink Blog

DECEMBER 27, 2017

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Define your customers precisely.

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Venture Capital Business Plan Technical Review Private Placement 129

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

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Business Plan Operations Lean Forecast 145

Up and Running

SEPTEMBER 10, 2021

Many small businesses are turning to customer relationship management systems(CRM) to better understand customer wants and needs. CRM applications, often used in combination with data warehousing, eCommerce applications , and call centers, allow companies to gather and access customer information. What is CRM?

Management 116

Management Customer Software Review Technical Review 116

The Startup Magazine

MARCH 7, 2024

Companies are turning to AI to streamline their operations, notably in areas like customer service, cybersecurity, and fraud prevention. However, the utility of AI goes beyond that; it proves beneficial even in the pre-launch phase of a business. Nowadays, they can leverage AI solutions to create a business plan.

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Artificial Inteligence Entrepreneur Algorithm Cofounder 119

Up and Running

NOVEMBER 17, 2020

As such, it’s key that your remote team and working environment are now included as part of your business plan. In this article, we’ll be taking a look at whether or not you need a business plan and how to incorporate every aspect of remote working into it. First, do you need a business plan?

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Business Plan Startup Cloud Framework 138

The Startup Magazine

SEPTEMBER 21, 2023

Market research Initiating your journey into the plumbing business world mandates a thorough and meticulous foray into market research. It’s paramount to comprehend the demand for plumbing services in your targeted geographic area and delve into the intricate intricacies of your potential customer base.

Non-Compete 128

Non-Compete Technical Review Australia Reputation 128

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.

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Business Plan Forecast Balance Sheet Distribution 163

The Startup Magazine

OCTOBER 4, 2023

Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more.

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Balance Sheet Technical Review Business Model Business Plan 108

Startup Professionals Musings

JULY 15, 2013

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

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Forecast Business Plan Burn Rate .Net 238

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

JANUARY 25, 2018

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Up and Running

NOVEMBER 12, 2018

Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. There are several different types of business plans that can help you stay on track. Target market (intended customers). Operations.

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Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

FEBRUARY 14, 2017

If you’re serious about opening a restaurant, you’ll have to draft up a formal and accurate business plan to pitch to banks, investors, and even potential employees. I won’t lie—writing a formal business plan isn’t exactly a breeze. You can set a clear vision for your restaurant’s path to success with a business plan.

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Business Plan Social Media Forecast Database 120

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. It serves as a cornerstone of your vision as you move forward.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

FEBRUARY 12, 2023

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Offer free solutions to bring in more customers. Assume passion level defines business opportunity.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

NZ Entrepreneur

APRIL 22, 2020

Stepping away from the day-to-day running of a business may seem impossible when business is running as usual, but with this enforced lockdown it is giving owners and managers the chance to not only reflect on their own performance, but look at key areas for business improvement. Launching the plan. Key Areas to Focus On.

Business Plan 52

Business Plan Technical Review Advertising Product 52

Startup Professionals Musings

MAY 1, 2023

Value is embodied in previous success with investors, proven problem-solving ability, and having built and executed a business plan with minimal resources. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here. Level of responsibility and time allocated.

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Technical Cofounder Equity Distribution Cofounder 247

The Startup Magazine

JANUARY 9, 2024

of businesses fail within the first five years of operation. As a business owner, it is crucial to keep up with the constantly evolving market to stay competitive. Although it may require stepping away from the security of well-organized projections and plans, taking calculated risks can lead to corporate development.

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Programming Agile Advertising Lead Generation 123

The Startup Magazine

MARCH 2, 2023

You will need to look at past situations, analyze different scenarios and create a flexible business plan. A simple way to do this is to divide the scenarios into three categories; worst-case, likely-case, and best-case, and use your intuition and the facts to make a plan for all consequences.

Management 143

Management Business Plan Advertising Finance 143

YoungUpstarts

AUGUST 11, 2020

. “A goal without a plan is just a wish!” Every successful business idea had a strategically written business plan. To provide direction of business development or just to attract investors, a business plan is a roadmap toward a company’s success. . Business plan format.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

Startup Professionals Musings

MAY 17, 2020

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Offer free solutions to bring in more customers. Assume passion level defines business opportunity.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64

Lean Business Plan Revenue Forecast 64

Startup Professionals Musings

AUGUST 9, 2020

Value is embodied in previous success with investors, proven problem solving ability, and having built and executed a business plan with minimal resources. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here. Level of responsibility and time allocated.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

The Startup Magazine

MARCH 28, 2022

Whether you are in the HVAC business to pursue your passion or you are simply trying to make profits, streamlining your HVAC business operations is essential. As your company grows, your focus needs to shift from your love for the business to meeting clients’ expectations. Streamline Customer Communications.

Operations 113

Operations Framework Software Mobile 113

Up and Running

JULY 10, 2014

Trade shows give you access to potential customers from all over the world without you having to analyze a thing. If you can draw on the perspective of a native (better yet, an actual prospective customer) of the country where you are keenly interested in doing business, do so. The Laurel Export Business Plan.

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Business Plan Marketing Non-Compete Australia 79

Startup Professionals Musings

FEBRUARY 8, 2021

Here are some key reasons why I believe every entrepreneur should create a formal Advisory Board or Board of Directors before they ask for funding, or even build their business plan: We all need a bit of reality to balance our passion. The sooner you face these issues, the more success you will garner from investors and customers.

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Advisory Board Bandwidth Cofounder Technical Review 356

Steve Blank

JUNE 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? See here for an extended discussion of remote customer discovery.).

Lean 385

Lean Security Asia SBIR 385

Up and Running

OCTOBER 17, 2018

With the help of my friend Jeff, from the University of Oregon, I’ve been looking at academic research on business planning—the actual science around planning and how it impacts both startups and existing businesses. But, before we dive into the data, why do we even need to look at research on business planning?

Business Plan 263

Business Plan Oregon Lean Elevator Pitch 263

Up and Running

MAY 28, 2015

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.

Lean 60

Lean Business Plan Video Software Review 60

YoungUpstarts

JANUARY 15, 2019

A sustainable business plan is one that is flexible. There is no point in having a rigid strategy for the business and crying foul when customers shift to a much more relatable brand/organisation. Focus on Customer Service. Customer service is not a favour for the customers, it’s an opportunity for the business.

Small Business 196

Small Business Software Review Technical Review Viral 196

Up and Running

MARCH 4, 2022

The number fluctuates from year to year with businesses coming and going. If you want to remain profitable and thrive, you must have a plan to move forward. . A business plan does far more than help secure venture capital when you’re starting out. You’ll use a strong business plan throughout the life of a company.

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Business Plan Revenue Small Business Administration United States 117

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

ReadWriteStart

AUGUST 20, 2020

You will realize that everyone gives a different yet unique point of views if you allow your employees to be part of your business plan. What field does my company operate in? 2 – Listen to Your Customers. You need to learn many things from your customers. 3 – Analyze your Business Strategy.

Web 194

Web Technical Review Startup Audience 194

Up and Running

MAY 10, 2021

This leaves your staff with more time to concentrate on activities that directly contribute to your business’s bottom line. According to one recent report published by Veritis, an IT consulting firm based out of Texas, approximately 83% of the healthcare space is utilizing the Cloud at present to perform their core operations.

Management 114

Management Technical Review Cloud Software Review 114