Category Archives: Tips on Preparing a Business Plan

How To Conduct Market Research and Why It’s Crucial To The Success of Your Business

  It’s the most overlooked part of starting and running a business, however, it is so vital to the success of a company. Conducting market research is necessary for numerous reasons, but the overall purpose of it is to determine … Continue reading

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How To Write a Business Plan in 2014

  In one of my previous articles, I talked about the reasons why every young entrepreneur should write a business plan before starting a business. I expressed that a business plan is essential, and that failing to write one could … Continue reading

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Write a Business Plan, It’s Essential!

  Starting a business is one of the most exciting periods in a young entrepreneur’s life. The moment he or she has that billion dollar idea that will change society forever, all they can envision is developing that idea into … Continue reading

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How To Prepare a Financial Business Plan

  A financial business plan consists of three financial statements; a balance sheet, an income statement, and statement of cash flows. Each one evaluates the company from a unique perspective. When combined, they present the overall position, profitability, and health … Continue reading

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Prepare a Financial Business Plan, It’s Necessary!

  I know, I know, it’s the most intimidating part of a business plan. It’s that one part you’re afraid of. You’re not a procrastinator; you just don’t want to do it. So far, you’ve been on a roll. You’ve … Continue reading

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