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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. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

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8 Things You Need To Start a Business During a Recession

Up and Running

Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. They’re surviving and finding ways to thrive, but for those looking to start a business, now may be one of the best times to do so. .

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What Type of Business Plan Do I Need?

Up and Running

And also, what real business owners want—lean business plans for better management. All businesses start with a lean plan. So, every business is better off with a lean plan. It’s a short, effective collection of bullet points, lists, and forecasts, covering all of the functions above: It starts with bullet points for strategy.

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Do You Know How Your Business Is Doing and Where It’s Going?

Up and Running

It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business. I believe your business plan should be a living document that you regularly consult (think at least quarterly) to measure how you’re doing today versus what you forecasted in your plan.

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8 Alternative Funding Options for Small Businesses

Up and Running

SBA and small business lending funds, for example, act as alternatives to typical bank loans. . If you’re pursuing a grant, government and SBA options are likely the most common but difficult routes to go. It encourages lean operations and can help you avoid taking out too much funding early on. Traditional loans.

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8 Steps to Starting Your Own Business

Up and Running

Instead, your plan can follow a Lean Planning process that involves creating a pitch , forecasting your key business numbers, outlining key milestones you hope to achieve, and regular progress checks where you review and revise your plan. Small Business Administration (SBA) Loans. Angel investment (similar to venture capital).

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Working for Equity Instead of Cash

genylabs.typepad.com

Tracking and Forecasting the Trends Impacting the Future of Small Business. SBA: Small Business Administration Office of Advocacys Home Page. Wall Street Journal: With New Technology, Start-Ups Go Lean. Lessons from a Failed Forecast. Small Business Labs. Welcome to Small Business Labs. Follow us on Twitter. Smart Mobs.

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