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February 9, 2012
5 Signs a Business Plan is Dead on Arrival Comments (0)

5 Signs a Business Plan is Dead on Arrival

There’s a lot of confusion out there about the value of business plans. Do you really need one? (Yes, you do.) Are they helpful, or are they just a pointless academic exercise, a distraction from... Read more
February 6, 2012
Considerations when pricing your product or service Comments (0)

Considerations when pricing your product or service

One of the most important decisions you will face as a small business owner is how to price your products competitively. This single factor can essentially make or break your chance for success in... Read more
January 19, 2012
Small Business Start Up Toolkit Comments (0)

Small Business Start Up Toolkit

As I completed a wood working project before the holidays, I began to think of some basic parallels in the process of completing the project and in starting a small business. Building on that train... Read more
December 1, 2011
The value of advisor collaboration Comments (0)

The value of advisor collaboration

A long-term client of mine recently submitted financial statements prepared by their accountant for their annual checkup, as well as a request for some additional financing.  The additional... Read more
October 28, 2011
Balancing long-term strategy and daily operations Comments (0)

Balancing long-term strategy and daily operations

While there are many stages in the life of your business, time is one of the most precious commodities at any point of its development. Running your own business means you are responsible for... Read more
October 18, 2011
Building a Better Business Plan: Part Four Comments (0)

Building a Better Business Plan: Part Four

Here we are in the final installment of Building a Better Business Plan, focused on markets and materials. Markets: Getting to know your customers and competitorsIt’s okay to be brief here, as long... Read more
October 7, 2011
Building a Better Business Plan: Part Three Comments (0)

Building a Better Business Plan: Part Three

As we continue our series about writing a better business plan, today we look at another very important item: Money. When discussing money in the context of a business plan, the numbers on the page... Read more
September 22, 2011
Building a Better Business Plan: Part Two Comments (0)

Building a Better Business Plan: Part Two

A few weeks back I provided a general framework of what should be included in your business plan. Welcome to part two, where we will get a little more specific on how to write the introduction and... Read more