Small Business Tips

Pricing in a small business is far more art than science.For one thing, small businesses tend to change much more rapidly than larger businesses. Procedures, product offerings, and personnel can respond almost overnight to market demands and opportunities. Therefore the pretty and scientific charts of sales versus price over various time periods lose their meaning [...]

When you are considering starting a new business it is absolutely vital to draw up a business plan. A business plan provides details of the type of business you are planning to start, the market you are aiming for, and exactly how you intend to go about penetrating and surviving in that market. A key [...]

Article 3 of 3 – Implementing Your Small Business Plan Your Plan Becomes a RealityThis is the 3rd article of our Business Planning series. I am assuming you have completed your plan and we are now ready to actually start using it. The most important thing about planning for any type of business, is having [...]

Small business plan online generally refers to resources a business can use to write an effective, persuasive business plan. When looking for funding, potential lenders and investors use a business’s plan to determine the risk of a business based on its ability to profit. The more thought out a plan is, the greater a business’s [...]

Traditional “business planning” falls under the “500 Pound Gorilla” umbrella. How long do we sidestep a problem (The 500 Pound Gorilla) before someone finally does something about it? As business plans go, it has been decades of the same approach. No one really understands formal business plans yet we continue to write them. Somewhere someone [...]