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.

A Standard Business Plan Outline [Updated for 2017]

Up and Running

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives.

How To Quickly Create A Great Business Plan

YoungUpstarts

You know you need a business plan if you want funding. And you know you should have and follow a plan to grow your business. But oftentimes creating a business plan takes too long. Below are some tips to help you complete a great business plan faster: 1.

Solopreneurs Can Grow Faster and Smarter With a Lean Business Plan

Up and Running

You’ve made the decision to strike out on your own as a solopreneur to start the business you have been dreaming of for months, or even years. Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan.

Lean 93

Why Startup Product Plans Make Poor Business Plans

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. In reality, you need both, to clarify for yourself and team that you have a viable business solution.

How to Write a Business Plan: Use This Checklist to Keep Yourself on Task

Up and Running

Most people think of the business plan as a one-time event, something used to accomplish a specific goal—getting funded, usually. How you format your plan will depend on what your needs are. Describe your business in one sentence (what do you do, and who do you do it for?).

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.

Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

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.

How to Write a Business Plan for a Subscription Box Service

Up and Running

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. But with so many people trying to get their share of the growth, many subscription box businesses fold within a year or two. Marketing and sales plan.

Business Plan Writers - Know Your Audience

Startup Professionals Musings

By Mahesh Raj Mohan Writing a business plan can be a difficult process. you still have to write the plan for a particular audience. A loan officer, angel investor, and venture capitalist are all looking for different things in a business plan.

Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model.

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. First, a few must-follow rules for writing a business plan. > Financial Plan.

Business Plan Financial Forecasts Test Your Savvy

Startup Professionals Musings

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. The holy grail is break-even, when revenues first catch up with the outflow.

Pull Investors to Your Business Plan With a Summary

Startup Professionals Musings

Modern investors love to first read a two-page summary of your business plan, formatted like a glossy marketing collateral sheet, with text well laid out in columns and sidebars, and a couple of relevant graphics. Business model.

Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Someone remind me to do a future post on why I think the Ramen Profitable approach has actually hurt some businesses.

Should Entrepreneurs Grow Revenue Or User Count?

Startup Professionals Musings

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion.

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

Business Plan Financial Models are Not Black Magic

Startup Professionals Musings

Most entrepreneurs tend to avoid this area of the business, and as a result are badly surprised by cost realities, and investor expectations. What is a business financial model, really? While people start businesses for many reasons, making money is usually important.

Protect Your Business Plan Like It’s Your Baby—Here’s How

Up and Running

We all want the best for our babies—and our business plans! Nearly all businesses, whether they are small or large, are comprised of intellectual property (IP) and trade secrets, which can serve as the foundation for commercial success.

These 10 Key Elements Make a Business Plan Fundable

Gust

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model.

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.

10 Good Reasons For Business Planning

Up and Running

Our thanks to Small Business Trends and the Young Entrepreneur Council 10 Reasons Why You Should Write A Business Plan. the fact is that a business plan — even just a one-pager with a few financial projections — can be a valuable internal tool.

Writing Your Business Plan

Business Plan Blog

Business Plan Benefits. You can be sure that writing your business plan will be a time consuming process. Familiarize Yourself with the Business Plan Table of Contents. If you need any help writing your business plan, contact us for a free consultation

Q&A: That Nonprofit Business Plan

Up and Running

Do you have a template for the particular issues and approach that a nonprofit business plan would require? Or, do you know of an alternative source that would have such a business plan? Every business plan is unique. A nonprofit plan is a business plan.

How to Run a Productive Monthly Business Plan Review Meeting

Up and Running

This article, which originally appeared on our LivePlan Blog , is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! This meeting is our monthly plan review meeting. Did we collect money as planned?

4 Ways a Startup Consignment Shop Can Increase Revenue

The Startup Magazine

It’s important to do research on successful consignment businesses when creating your own business plan. What are the common denominators among the businesses that you admire? Which are most like the business you would like to run?

How to Write the Sales and Marketing Section of Your Business Plan

Up and Running

You have to be flexible about a business plan, so take what you can from what we say here and make sure it applies to your business. In general, a standard business plan includes three parts of the sales and marketing section.

How to use your business plan

Up and Running

Bill Payne had a nice post on gust.com late last month titled Using your business plan , in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context.

No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

Conceived in 1987 by Motorola and spun out in 1990 as a separate company, Iridium planned to build a mobile telephone system that would work anywhere on earth. With an out-of-this-world business plan. A Business Plan Frozen in Time.

5 Reasons Startups Need Revenue As Well As Users

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 $400B. A business only achieved critical mass by becoming cash-flow positive.

Ten Tips for an Investment-Grade Business Plan

Startup Professionals Musings

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model.

What Lenders Look for in a Business Plan

Up and Running

Tweet Your business plan is the foundation of your business. It’s also an invaluable tool when it comes time to apply for a business loan. When lenders ask for a business plan, they are looking specifically for the following items: History of the business.

Growthink Business Plan

Growthink Blog

A great time to review your 2016 business plan As we are now near the half-way point of 2016, it is a great time to review your 2016 business plan, decide on your key goals for the second part of the year, and start thinking about your 2017 business plan.

How to Write a Business Plan for Raising Venture Capital

Growthink Blog

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?

Website Ads are Not a Revenue Stream for Startups

Startup Professionals Musings

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. Until you get a million page-views per month, your revenue will be negligible, and advertisers won’t be interested in your site.

10 Things That Make a Business Plan NOT Fundable

Gust

I really like Martin Zwilling’s post here yesterday, 10 things that make a business plan fundable. That made me think about this list, the opposite, things that make a plan not fundable. The only businesses that have no competition are businesses that nobody wants.

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.

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.

Strategies to Increase Your Construction Business Revenue

Up and Running

In the construction industry, there are a number of ways to increase your profit margins, even when you are new to the business. When you’re first setting up shop, it’s tempting to say that your only business goal is “more than last year” or “as much as possible.”.

Episode 2: Business Planning, Content Marketing, and 3D Printing – The Bcast

Up and Running

Each week we discuss the latest news, resources, and advice for entrepreneurs and small business owners. In this week’s episode, we use the Bluth’s Frozen Banana Stand to show you how to write a business plan in under an hour. Content Marketing for Small Businesses.

7 Revenue-Boosting Strategies for Your Travel Business

Up and Running

Not only is the travel industry one of the largest in the world, but it encompasses a wide variety of business types and customer needs. Customer referral programs can be an effective way to increase revenue for your travel agency, if implemented correctly.

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.

Small Business and Startups: The 3-Page Business Plan (and a short post to match!)

crowdSPRING Blog

Well, it’s been a while since we last explored the topic of business plans and plenty has changed. The age of the 80-page plan has passed and has been replaced with the 140-character attention span. Business Summary. The Market and the Plan.