Being an entrepreneur is an exciting moment of triumph. Your great idea and ingenuity are offering the world a new product and solving problems consumers didn’t even realize they had. You are seizing the moment to build your future and join a host of professionals who have helped to keep the American economy healthy. Before […]
Continue readingThe business plan serves as a blueprint for any business. Without a plan, it is not easy to move forward. You will be bombarded with several ideas and you will easily get overwhelmed. You are also starting a business that has no direction at all. Therefore, you need to craft a clear and detailed plan […]
Continue readingImage source Studies show that at least 50% of all businesses go “belly up” within five years of their start-ups. Small retailers in strip malls open and close on a regular and consistent basis; that specialty burger joint lasted only a little more than a year; e-commerce websites come and go on a regular basis. […]
Continue readingIn 1937 George Valliant, a psychologist and Professor at Harvard University, began one of the longest running studies of physical and mental wellbeing ever recorded. For over 70 years Professor Valliant and his colleagues studied the lives of 268 individuals through wars, divorces, sickness and even a successful presidential election. The purpose of which was […]
Continue readingThink of the executive summary as a one-page business plan – it provides a comprehensive overview of all the elements that will make your business model a success. Since it’s likely the first impression that investors will get from your company, the executive summary is your best chance of grabbing the attention of investors. […]
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