Posts Tagged ‘business plan’

Small Business and Startups: Thinking About Business Plans (again)

Mike | January 13th, 2014

I am thinking about starting a new business and beginning to focus on planning, financing, marketing, launching and operating the thing. I have already done a fair amount of market research and determined that there is a demand for it, created a spreadsheet with financial projections that I am confident in, put together a bunch of […]

Read full post »

The Business Plan. Redux.

Mike | May 6th, 2013

It has been some time since I last discussed business plans in these blog pages and I thought it might be time for an update. When Ross and I were developing the idea for crowdSPRING we wrote an extensive business plan – over 80 pages of detailed description, research, tables, charts, models, and projections. The […]

Read full post »

Business plans for entrepreneurs – Part III: refinement

Mike | December 13th, 2010

In this installment of my posts for entrepreneurs about creating business plans I discuss the second of the “3-Rs,” Refinement. Iteration of your idea is critically important and I share some thoughts about this process and some ideas on how you can strengthen your own plan with a few simple techniques. Let me know what […]

Read full post »

Business plans for entrepreneurs – Part II: research

Mike | November 22nd, 2010

A couple of weeks ago, I started a series of video posts for entrepreneurs on creating a business plan. I very much believe that this part of the process is critical to building a strong company. The short video below contains my thoughts on the research process. I hope you enjoy and will look forward […]

Read full post »

Business plans for entrepreneurs: the three ‘Rs’ – Part I

Mike | November 8th, 2010

Some have argued that a business plan is not necessary when starting up your venture and that entrepreneurs can better spend their time on other things. I strongly disagree and argue that the very process of writing a business plan leads to a stronger, more sustainable business. In the following short video (the first in […]

Read full post »

10 thoughts for small businesses and startups: how to write a great business plan

Mike | September 16th, 2009

In the past 5 years, I have written or co-written at least 10 business plans. With each one it got a bit easier, and each one got a bit better as I practiced writing in “biz plan” style and learned what information was important to include and what information was extraneous. My first experience with […]

Read full post »