Remove Business Plan Remove Design Remove Forecast Remove Programming
article thumbnail

6 Mistakes to Avoid When Writing Your Restaurant Business Plan

Up and Running

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.

article thumbnail

[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Michael Majeed is quick to note the vast numbers of new startups that launch each year on the Canadian landscape, and he’s keenly interested in helping young business owners make the most of their opportunities, especially when it comes to their finances. Michael Majeed: Financial management is crucial to the success of the business.

Finance 217
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Entrepreneurial Essentials – The Foundations Of A Successful Startup

YoungUpstarts

Receiving payments and maintaining cash flow will be the life blood of your business. Again this can be managed by implementing a strong accounting software program. Forecasting how much you need to start your business will, of course, depend on many things, including: Premises – lease establishment, renovations, signage etc.

article thumbnail

No, that IS NOT a competitive advantage

A Smart Bear: Startups and Marketing for Geeks

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. In all the interviews you've read about founders' success, how many credit their MBA program? Innovative design and intellectual property are no longer long-term competitive advantages.

article thumbnail

Is the Lean Startup Dead?

Steve Blank

Their idea is that consumers will want a subscription service for short form entertainment (10-minute programs) for mobile rather than full length movies. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. He just hired Meg Whitman. The result?

Lean 335
article thumbnail

How to Write a Nonprofit Business Plan

Up and Running

Nonprofit organizations share many overlapping needs with traditional for-profit ventures, including the need for a good business plan. At some point in the process of starting or managing your nonprofit, you will probably realize that you need a business plan. Write for your business purpose. Who will read it?

article thumbnail

How to Write a Business Plan

Up and Running

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.