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Post-Crisis Digital Trends That Will Reshape Your Business in 2020

Up and Running

Cutting costs , revisiting forecasts , and stabilizing your business. Just like on-demand delivery services, freelancing marketplaces like Upwork will continue to gain popularity. Revisit your business plan , forecasts, and company goals. The first stage in this crisis was survival. Marketplaces Like Upwork. 5G Network.

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All About Patents: An Entrepreneur’s Guide

YoungUpstarts

Master the Art of Trend Forecasting (or Onboard Someone to Do it For You). Staying ahead of market trends in your industry, and forecasting what will be in demand in the coming five to ten years is a non-negotiable skill. The questions below will establish patent viability: Does my idea meet a specific demand?

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How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Ganjapreneur recommends including polls about the increased demand for cannabis legalization. Sales forecast : Projections of what you think you will sell in a given timeframe (1 to 3 years). Conclusion.

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Is my business idea feasible? Key questions to ask before you start.

NZ Entrepreneur

Check your business name doesn’t conflict with that of another business, by looking up the free online registers provided by the Intellectual Property Office of New Zealand and the NZ Companies Register. Can you pinpoint where market demand meets your product or service? What’s the financial forecast?

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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. Investors look for sales at full price, to people you don’t know, to validate demand, price, and margin. Generate a 5-year financial forecast from opportunity data. Show an aggressive marketing and sales plan.

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Really Rosy Scenarios

Growthink Blog

As any venture capitalist worth his salt will tell you, there is a chasm of difference between the mostly grounded-in-reality financial forecasts offered by public companies, and the almost never to come true "rosy scenario" projections offered as a matter of course by startups and small businesses.

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Forget About the Numbers

Growthink Blog

As any venture capitalist worth his salt will tell you, there is a chasm of difference between the mostly grounded-in-reality financial forecasts offered by public companies, and the almost never do come true "rosy scenario" projections offered as a matter of course by emerging technology companies.