Business Planning

10 Essential Things Every Small Business Owner Should Do Before the End of the Year

Accounting & Budgeting, Business Planning, business prep, new year, Operations, Small Business Advice, year-end prep /

It’s hard to believe that 2018 is coming to a close! Many small business owners are already thoroughly immersed in Q4 prep; however, it is always possible they could accidentally forget to include something important on their to-do list. One forgotten item from the agenda could set your business back, or even have the potential […]

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What Is a Balance Sheet and How Can It Help Your Business?

Accounting & Budgeting, balance sheet, Business Planning, Financial Statements /

As a small business owner, you know how important it is to make the most of every tool that’s available to run a better business. That’s why every entrepreneur should be taking advantage of the balance sheet. What is a balance sheet and why should you care? A balance sheet is one of the three

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Don’t Waste Time on a Startup Business Plan—Do These 5 Things Instead

Business Planning, startups /

Traditionally, startup businesses draft a business plan for three specific reasons: to articulate their vision for the business, to document how they plan to solve key challenges, and to pitch their business idea to potential investors. But what if I told you that business plans for startup companies are usually not worth the effort? My

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Do You Really Need a Business Plan to Start a Business?

business plan, Business Planning, sbdc, score, SEO BLOG, Starting A Business /

When you’re starting a new business, do you really need a business plan? Let’s face it: When you’re excited about your great new business idea and can’t wait to get going, the last thing you want to do is a sit down and spend weeks or months crafting a business plan. As the world of

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How to Revive a Failing Small Business

Business Planning, business turnaround, Operations, SEO BLOG, Starting A Business, turning around a failing business /

By Robyn Howard Do you ever feel like you want to close the doors of your small business for good? Well, you are not alone, and giving up shouldn’t necessarily be your first option. Many successful businesses we look up to today have been there too. Sales hitting rock bottom, the business itself sinking deeper

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Traditional Business Plan vs. Lean Startup Plan: Which Is Best When Starting Your New Business?

business plan, Business Planning, lean startup plan, SEO BLOG, Small Business Advice, Starting A Business, traditional business plan, writing a business plan /

Did you know that business plans come in not one, but two categories? More often than not, when we think of a business plan we think of a traditional format. This means a hefty document, about 30 to 40 pages in length, written three to five years out that outlines every detail that can contribute

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