article thumbnail

How to Write a Business Plan for a Cannabis Company

Up and Running

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Executive summary. Be specific.

article thumbnail

How to Plan a Business Expansion Using Your Business Plan

Up and Running

A good business plan is critical to starting a successful business. Creating a plan for business expansions is no less essential. And using your business plan template to develop an expansion plan increases your odds of success and allows you to avoid bad investments.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Makes Employees Productive in a New Startup?

ReadWriteStart

After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Uncertainty.

Employee 127
article thumbnail

8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Incorporating a business entity early through online services.

article thumbnail

5 Strategies For Balancing Revenue Versus User Growth

Startup Professionals Musings

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Revenue 434
article thumbnail

8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

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.

article thumbnail

8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

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.