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Tag Archive 'business plan'

What? That’s what you’re thinking right now. I can almost see the look on your face. Why is Babeofbusiness.com – a blog about small business and entrepreneurship – writing about chocolate chip cookies? Shouldn’t you really be asking yourself, why would Babeofbusiness give away her secret recipe? This is the question [...]

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On LinkedIn this week, an entrepreneur asked if it was always necessary to follow a business plan. She was asking on behalf of her friend who had just opened a daycare – without a plan. I have always had deep feelings on this issue, so I was naturally drawn to the topic. [...]

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Niccolo Machiavelli (Italian diplomat, political philosopher, musician, poet and playwright) is considered by some to have been a wicked man – the worst of the worst – who preached stopping at nothing as the means to getting what you want. Others, however, embrace his so-called evil genius philosophies claiming that it is sometimes necessary [...]

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Entrepreneurs are everywhere. You probably even have one or two on your holiday shopping list. So why buy them fuzzy wool socks and cheese balls when what they really need are things for their active, on-the-go, need to stay organized lifestyles? Stumped for ideas? Here are a few guaranteed to make them [...]

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There is an entire business sector out there often overlooked by analysts, investors and even entrepreneurs. It’s the creative industry (often referred to as the creative economy), which encompasses advertising, architecture, arts and crafts, film, music, design and so on. Across the globe creative services and products are worth an estimated $2.5 trillion, [...]

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There is a frame of mind or rather mindset that seems to afflict unseasoned, first-time entrepreneurs.  It’s what I like to refer to as entrepre-lusion; when all the start-up excitement and business newness causes otherwise rational and very smart businesspeople to get a little loopy.  You see the “I’m never going to work for anyone [...]

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If you’re looking for alternative ways to raise funding to get your business idea off the ground, consider entering a business plan competition. While some are specifically related to college campuses and those who attend, have attended (alumni) or live in the community, others are designed for entrepreneurs everywhere. Here are several to [...]

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Business Plan Tip

Like any professional document, EVERY business plan requires a cover page. This may seem quite obvious, however, many plans lack a cover page or have one that is incomplete. The cover page of your business plan should be pleasing to the eye, yet professional, containing the name of your business venture, a logo and/or image [...]

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There are a number of mistakes that entrepreneurs and business owners make when crafting their business plans. The most common are spelling and grammatical errors that reflect poorly upon all parties involved in the creation of the plan.Next, are exaggerated financial projections and inflated market assumptions. Not everyone living in the United States will be [...]

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I’ve worked with hundreds of entrepreneurs and can’t begin to count the number of times I’ve been asked, “So, Why do I need a business plan?” Well, let’s put it this way. Do you want a successful business? Because, developing a well-thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur. [...]

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