Today’s powerful software products enable you to easily build a website, manage your finances, and even prepare and file your taxes. Not surprisingly, business plan software can help you craft the key planning document for your new small business, from writing the various section texts to making pro forma financial projections.
Doing some pre-startup homework and crafting a business plan now will make your life post-startup so much easier. The real reasons to write a business plan have nothing to do with other people: They have to do with you.
You’re not alone if you inherited the family business with no formal succession plan in place. About 64 percent of family companies don’t have a written succession plan, while another 19 percent have one “in progress.” Use these tips to find your footing after you’ve suddenly inherited the family business.
As David Sperstad learned more about the basics of small business ownership and the ins-and-outs of running a bike shop, he and his wife thought they might like to start their own shop.
Follow these 4 tips for success collecting market and competitive research for your business, both now and in the future.
Gidgette and Ken Moshier decided to draw on their love for traveling and tea, as well as their small business backgrounds, to open the English Garden Tea Room.