How to Write a Business Plan for a Cannabis Company

Up and Running

One of our Bplans writers described going into business in cannabis as a “ once-in-a-generation opportunity ,” with the product rapidly becoming legal for recreational as well as medical use in many states. You can choose from a few different types of business plans depending on your needs.

20 Reasons Why You Need a Business Plan

Growthink Blog

Below are our top 20 reasons why you need a business plan. Reference our proven business plan template to most quickly and easily complete your plan. To prove that you’re serious about your business. To establish business milestones. Business Plannin

A Business Plan is for You First, Then for Investors

Startup Professionals Musings

Every investor I know is frustrated with the poor quality of the business plans they get. This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store.

Why are Good Business Plans So Rare These Days?

Startup Professionals Musings

Every investor I know is frustrated with the poor quality of the business plans they get. This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store.

Don't write a business plan

A Smart Bear: Startups and Marketing for Geeks

"You need a business plan" is the mantra of MBA types. As they say , businesses don't plan to fail, they fail to plan! Let's do some quotes: "Without a business plan, how will you know whether you can make a profit?" ( source ). "A

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. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf.

How to Write a Nonprofit Business Plan

Up and Running

Starting and running a nonprofit is an exhilarating experience, but it also requires thoughtful planning and execution to be successful. Nonprofit organizations share many overlapping needs with traditional for-profit ventures, including the need for a good business plan.

What Type of Business Plan Do I Need?

Up and Running

Unsure what kind of business plan you need? And also, what real business owners want—lean business plans for better management. In this article, we’re going to help you figure out which plan is the one for you. All businesses start with a lean plan.

Key Considerations When Writing a Business Plan for Your Startup

Board Effect

Starting a business is an exciting venture! Every business needs a business plan no matter how large or small it begins. Writing a business plan isn’t a difficult task. To write a good business plan takes a lot of thought and consideration.

The Difference between Debt Financing and Equity Financing: Which Is Right For You?

YoungUpstarts

Getting the capital you need to run your business can be a struggle for any business owner. You need money for operations, but most importantly, you need money to grow. When you’re looking for extra funds, there are typically two options: debt financing and equity financing.

How to Write a Business Plan for an Outpatient Medical Practice

Up and Running

Private practices can be lucrative, although it requires you to spend time building relationships with patients while also attending to all business processes that are part of running your practice. There are a few different types of business plans , depending on how you intend to use it.

How to Write a Business Plan

Business Plan Blog

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.

Effective Ways To Obtain Small Business Financing

YoungUpstarts

When you open up a small business, the obvious goal is to make money. Most businesses need startup capital to get up and running in order to properly sustain and grow their operations. A business loan is most likely the obvious choice for many small business owners.

Begin with the End in Mind: Include Your Business Exit in Your Business Plan

Up and Running

While some entrepreneurs think it’s unnecessary to write a business plan—especially if outside financing is not needed—I highly disagree. The disciplined process of business planning helps owners and managers foresee both opportunities and problems before they arise.

New Early Stage Financing Options for Entrepreneurs

Startup Professionals Musings

For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Business accelerator. Lean startups operate on minimal money, an open source environment, and assume multiple iterations, with customer feedback, to get it right.

3 Inefficient Operations To Clean Up In Preparation For A 2014 Boom

YoungUpstarts

This is when minor inefficiencies that crept in during the startup phase seem to escalate overnight, and planning for long-term growth is often put on the back burner as your team scrambles to meet daily demands. Begin planning for mid-tier management roles as early as possible.

Financing Your Business? Consider An SBA Loan

YoungUpstarts

Small business is the backbone of the U.S. economy, with nearly 29 million operating around the country, according to the U.S. Small Business Administration (SBA) Office of Advocacy. Business profit and loss statements. Business certificate/license. Business plan.

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Small Business and Startups: Thinking About Business Plans (again)

crowdSPRING Blog

I am thinking about starting a new business and beginning to focus on planning, financing, marketing, launching and operating the thing. But, I have been thinking a lot about what I would do differently and that would start with the business plan itself.

Top Considerations When Starting Your Own Business

The Startup Magazine

When it comes to starting your own business, it’s important not to put the cart before the horse. When you draw up your business plan, and you should, be sure not to forget these vital components. Even if you start a digital business, you’ll need providers.

How to Write a Business Plan for a Fix-n-Flip Real Estate Company

Up and Running

Flipping homes makes for good reality TV, but it can also make for good business. What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. Check out Bplans’ real estate company sample business plans for inspiration.

Financing Acquisitions: Keys to Structuring the Deal And Obtaining The Funding

YoungUpstarts

Think of financing an acquisition as an exercise with two parts that work in concert: 1) structuring a desired deal with a suitable target and 2) obtaining the funding. Value the target acquisition as a standalone business first. by Kenneth H.

Smart Finance Decisions For Your Start-up Business

YoungUpstarts

Your decisions about finance may have the biggest impact on the success or failure of your company. You can use these tools to monitor your finances and make informed decisions. Critical tools for financial planning. Funding source : Many businesses need a funding source.

How do US venture capital firms view an entrepreneur who decides to go for funding to the US with a business plan, and then will need a visa?

Gust

The most important is that venture capital firms simply do not fund business plans. Invested Interests business plan entrepreneurs startups US venture capital firms visa The disappointing fact is that this is a highly, highly unlikely scenario, for several reasons. They fund companies.

New Early Stage Financing Options for Entrepreneurs

Gust

For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Business accelerator. Lean startups operate on minimal money, an open source environment, and assume multiple iterations, with customer feedback, to get it right.

Visualizing Success For Your Business: 3 Tips Before You Seek Financing

YoungUpstarts

By Jay DesMarteau, head of small business and government banking distribution for TD Bank. economy saw the reversal of a troubling downward trend in small business development that began in 2010. Develop a business plan.

Do You Really Require a New Business Plan Going Into 2012?

Up and Running

million businesses nationwide. Whether you are a new small business about to unveil itself, or a business that has been around for some time, you will often be asked about your business plan. Simply put, the business plan involves the business owner laying out in detail how they will go about placing their company in a strong position in the marketplace, how they will finance their operation, and how they plan to earn a good return on investment (ROI).

Group Finance Director

Transformify

In this role you will work closely with the senior management and executive board, supporting in the businesses planning and strategy. The successful candidate must be a qualified accountant (ACA, ACCA, CIMA or equivalent) with experience in a lead finance role within a start-up environment, preferably within the Technology or Fintech sectors. You must have unfailing integrity and a willingness to adopt a hands-on approach whilst operating at a high level.

How to Acquire a Startup Funding Loan

The Startup Magazine

Most of the innovative business ideas are lost in the market due to a lack of appropriate funds. Startup funding is undeniably an essential part of any new business launch, which is typically a hard nut to crack. Bank provides two types of finances, namely, working capital and funding.

The Biggest Financing Mistake Startups Make

Growthink Blog

This is arguably the worst small business financing strategy: The entrepreneur develops what they believe to be a sure-fire business plan that can't fail. A business financing strategy that cannot accommodate unforeseen events is not much of a strategy.

How to Analyze Potential Business Opportunities for StartUps

The Startup Magazine

After identifying a potential business opportunity, you need to analyze the situation carefully to judge its plausibility as a successful enterprise. Identify the product or service that the business would provide and analyze its worth to any potential customers. Model the Finances.

What You Really Need to Know About Cash Flow

Up and Running

It’s the single most important resource in any business, and also one that is way too frequently misunderstood. The problem with cash in business is that we tend to take it for granted. We are trained to think of business as sales minus costs and expenses, which is profits.

Do venture capital firms or private equity funds offer debt financing for startups?

Gust

The direct answer to your question is NO, VC and PE funds do not provide debt financing for any companies. Their entire business model is based on investing in companies that can potentially offer very high returns. If you already have a startup, why do you believe it will take two to five months to write a business plan? And if you are still at the startup stage, how do already have global operations in a dozen countries?

Former Finance Guru Has Business Ownership in His Blood

Hearpreneur

Sometimes starting a business isn’t something the owner ever dreams of doing. Other times starting a business is in your blood. Family members had businesses before you and once you got the taste of it, you just couldn’t do anything else in life.

Funding Tutorial for New Entrepreneurs

The Startup Magazine

One of the most significant hurdles that many aspiring entrepreneurs must face involves raising capital to launch their business. With some business models, it may take many months or even a few years until the company can break even or turn a profit on a regular basis.

Brew Pub Wins 2010 Hormel Business Plan Competition (06/11/10)

Campus Entrepreneurship

We’ve covered the Hormel Business Plan Competition in the past. The headline caught my attention because some of my entrepreneurship students presented a plan for a movie theatre, brew pub last semester and it was a great plan and presentation. the winner of the 2010 Hormel Business Plan Competititon: Tyler Ray Loop and his wife, Tyler Sue Loop won over the judges in the 2010 Hormel Business Plan Competition with their plan for a brew pub and restaurant.

Moving To An Office On A Budget? How To Make Funds Appear Like Magic

The Startup Magazine

However, when your business requires an office to operate smoothly, it’s non-negotiable. According to Fundera , office space is one of the top fourteen small business startup costs, and runs between $100-$1,000 per employee per month.

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Starting a Food Truck Business in Victoria

The Startup Magazine

But how can you get a food truck business started? You can start by walking around downtown on a busy weekend or during an event to see where a snack or beverage vendor might be the most useful amongst busy foot traffic. Are you a student looking for a summer job?

Canada 108

6 Things to Consider Before Entering a Market

Up and Running

However, when you finally start seeing your business succeed, it is one of the most rewarding feelings you will ever experience. Maybe you feel like coming up with a new business idea is very difficult, or you might have so many business ideas, you don’t know what to do with them.

Opening Up a Car Dealership – The Ultimate Checklist

The Startup Magazine

As the growth of the auto industry continues, those who have a draw to the market as business owners can take advantage of countless car-buyers. The possibility for an online dealership is also an option for those who have the right business knowledge, but market research is still a necessity.

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Essential Advice For Startup Owners

The Startup Magazine

Aside from thinking fast, acting in the spur of the moment and being organised, there is a whole range of skills that you need to have to ensure that your start-up is successful and makes a profit during your first year of business.

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