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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.

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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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Ten Ways to Differentiate Your Customer Service

Startup Professionals Musings

A while back, I wrote about the importance of a “ sustainable competitive advantage ,” and outlined the business plan value and limitations of patents and competitor feature comparisons. Match your offerings to your target customers better than anyone else. Create superior customer value. Own the “voice of the customer”.

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The Key Elements of the Financial Plan

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Financial experts will have different opinions about what should be included in a financial plan, depending on the type of business you have and what you’re trying to accomplish with your business plan. No business plan is complete without a cash flow plan.

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Leading Edge or Bleeding Edge: The Make or Break Difference

Up and Running

Most successful business plans entail launching a new product, service, or distribution outlet that attacks existing market competitors on what military planners would term an exposed flank. A smart commander will mass forces against this flank, just as an astute business leader will pour resources into their flanking effort.

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How to Start a Business in a Month – #30DayChallenge

Up and Running

What kind of location matches your strategy? Day 5: Start ‘business planning’ not the ‘business plan’. Coming from someone who works for a company that makes business planning software , that may sound odd. Remember that your business plan isn’t set in stone.

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8 Smart Tips To Soliciting Friends And Family Funding

Startup Professionals Musings

It’s great to start with a big dream as you contemplate a new business, but finding the money you need takes more than dreaming. For example, I just read an otherwise impressive business plan last week from a first-timer who asked for $10 million to get started. First impressions are everything in this business.