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Business Planning

This tag is associated with 11 posts

Tightrope walkers and small business owners

What’s the difference between tightrope walkers and small business owners? Not much!

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Loose Ends

My wife and I have been going through old papers, photos and miscellaneous items of her parents both of whom have passed away in the last three years. Her mother was a special person in many ways; an author of many articles, a newspaper publisher, an amazing mentor to her daughter and a very unique […]

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Illness and your Business

This past week I had the misfortune of witnessing a good friend’s death (at 62); attending the funeral of a retired business owner; and hearing of the death of a relative.  In addition, this year has been filled with similar news of friends and business acquaintances.

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The Business Plan – A Key to Developing Your Business

“You’ve got to be careful if you don’t know where you’re going because you might not get there” – Yogi Berra It is amazing how many individuals who want to start a business have little knowledge of how to do it.  An essential step in starting a business, or expanding an existing one, is preparing a […]

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Keys to Writing an Effective Business Plan

There are many good books, software programs, and internet sites that provide information on writing business plans. Provided below are some keys that BizEinstein believes can make your plan better clarify your business idea and stand out to investors.

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Business Plan Content

Cover Sheet. This should be attractive enough to entice someone to want to read it. It should contain a picture of the product or something that depicts the service you’re offering. In addition, it should also have the name of the company, address, telephone/fax numbers, email address and web site (if you have one).  It […]

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Developing a Marketing Plan

Most people think they know something about marketing, until you ask them the difference between a marketing strategy and a marketing plan.  Let’s clarify for you this  “difference” and provide seven steps in developing your plan.

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Finding Capital

Someone once wrote that “money isn’t everything, but it is way ahead of whatever is in second place”. Adequately funding your business is challenging and at times may seem impossible. There are a number of ways, some creative, to find needed capital to start and grow your venture.

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Getting Business Permits and Licenses

Listed below are some of the more common permits and licenses needed to operate a business; however, you should check with your City, County, and State Licensing Departments regarding their requirements.  Additionally, you should also check with their Economic Development Departments to determine what assistance they offer business start -ups in their communities.

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Acquiring Adequate Business Insurance

Business insurance is typically the least understood support service.  However, it can make a difference in the survival of a business. It offers liability protection from lawsuits, typically is required by a landlord when you rent a property, and often is required by a lender. A qualified insurance broker who understands start up or growing […]

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Hiring the Right People

Finding, hiring, and keeping the “right” people is a difficult task.  Listed below are eight (8) steps in the process of hiring, developing, motivating and eedvaluating your employees.

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