Planning

Business Plan Myths

photo credit: ottonassar As the pace of change quickens and business planning becomes more vital, untruths and mythology about the subject keep coming up. I’d like to clear them up. Entrepreneur.com. When people in business tell you that investors don’t read your business plan, this is about the biggest myth out there! Not only do […]

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Be More Creative In 2010

photo credit: Eustaquio Santimano If you still haven’t made your New Years Resolution yet, a good one in business may be to become more creative for the new year. We are at the very bottom of an economic crisis so there is only up for us to go, and this can actually be a great

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Better Started Than Perfect

The story of Duke Nukem Forever is an important lesson for starting a business. It is more important to start, than to get everything absolutely perfect. If you try to plan out everything in advance, you’ll never begin. If you look at almost any successful business, it is the exception that looks 100% like it

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Powerful Rules For Negotiation

photo credit: ol slambert Tim Berrys Bplans: I’ve never taken a negotiation course; not the ones they advertise in magazines, and not one in business school either. These rules are things I learned the hard way. Find the win win in the negotiation. You will never find yourself in business as a winner while the

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Small Businesses In Tough Economies

photo credit: giuvax Blinded by mass layoffs and the financial follies of Fortune 500 companies, we have overlooked a smaller but more important transformation: the increasing importance of small businesses in our economic recovery. Action is the single most important part to a small business surviving during tough economies. Those who just sit around waiting for

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Sizing Up Your Competitors

  photo credit: shaymus022 If you are in the process of opening a new business or even just in the early stage of thinking about your own start-up, then I’m sure by now you have at least realized all the many aspects that you have to consider, one being your competitors and potential competitors. I

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