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Business Planning

How to Create an Effective Business Plan

Victoria A. Tiller | Posted 01.19.2016 | Business
Victoria A. Tiller

Writing a business plan is the first step to launching a profitable business. The length of your business plan does not determine its effectiveness in guiding you to achieve your business goals. Nope, it doesn't matter if you write a paragraph on a napkin or a doctoral dissertation. What determines the effectiveness of your business plan is what you do with it.

How to Create Your Best Year Ever

Michelle L Evans | Posted 01.08.2016 | Business
Michelle L Evans

How many times have you done this? You start a new year by creating new goals because you're about to have the BEST. YEAR. EVER. And then a week or two into the new year, it starts.

Two Young Entrepreneurs from Ferguson Shine at NFTE's National Challenge

Steve Mariotti | Posted 10.20.2015 | Impact
Steve Mariotti

Jacob Tiemann and Destiny Davis from Ferguson hail from NFTE's St. Louis Metro program. They developed and presented their original business plans as part of their entrepreneurial studies at school using NFTE's award-winning, project-based curriculum.

7 Reasons to Plan for Succession in Your Family Business Today

Shuly Oletzky | Posted 10.05.2015 | Business
Shuly Oletzky

Creating a succession plan makes the future of your business and your intentions clear to everyone involved. Understanding intentions seems simple and of little impact, but the importance of knowing what the current president or CEO wants cannot be stressed enough.

Three Critical Business Lies - Don't Be Duped

MaryEllen Tribby | Posted 06.12.2015 | Business
MaryEllen Tribby

"I was so inspired by your presentation! Now I finally understand what I need to do to start my own business," Cynthia said. This was just one of many comments I heard after delivering my presentation at the Glazer/Kennedy Info Summit a while back.

Success Starts With A Vision And A Plan

Stacia Pierce | Posted 06.23.2015 | Small Business
Stacia Pierce

I learned that you need a vision that inspires the people that work for you so that you can grow and go together.

Strategic Planning: Establishing a "Baseline"

Ray Gagnon | Posted 06.21.2015 | Business
Ray Gagnon

In our line of work as management consultants, we're brought in from the outside and, at the outset, may have very little knowledge of a company's situation or its leaders.

Dealing With an Unexpected Financial Blow to Your Business

David A. Dedman | Posted 05.03.2015 | Small Business
David A. Dedman

As a business owner, I know there's nothing quite as stressful as getting blindsided by an unexpected financial blow. And as a business owner, you know you need to prepare. But how? How do you cope with that inevitable cash flow crapper?

Business Plans: Mapping Your Road to Success

Nina B. Ries | Posted 03.23.2015 | Small Business
Nina B. Ries

When I work with startups, I am invariably asked whether they "really need to bother with a business plan." Small businesses owners pose the same question.

This Is Why You Need a Personal CFO

John Bowen | Posted 03.15.2015 | Small Business
John Bowen

Your family and your community are counting on you to make smart decisions about your personal financial affairs. You owe it to them to get it right -- and a personal CFO is the best resource to make it happen.

9 Steps to a Profit-Boosting Sales Calendar

Rosella LaFevre | Posted 03.10.2015 | Small Business
Rosella LaFevre

There are several considerations that go into creating your 2015 sales calendar for your business. These include nationally designated days and holidays, your business history, your customers and their financial behavior, and social media tie-ins.

10 New Year Tips for Your Small Business

Melinda Emerson | Posted 02.17.2015 | Small Business
Melinda Emerson

To ensure success in the new year, most small businesses don't realize that the process begins long before January 1. Instead, a lot of work goes into setting your business up for a running start when the clock strikes 12.

6 Tips to Keep You Motivated While Building Your Business on the Side

Kara Stevens | Posted 02.08.2015 | Small Business
Kara Stevens

While I fantasize about quitting my 9-5 nearly every day to work for myself, I know that my business is not ready; I still need the income from my full-time job to invest in building a strong and sustainable foundation for my future of self-employment.

The Small Business Entrepreneur's Naughty and Nice List for Business Growth

​Jackie Nagel | Posted 02.07.2015 | Small Business
​Jackie Nagel

What does every entrepreneur want to find under his or her Christmas tree more than anything else? Without exception, small business entrepreneurs want to open the gift of business growth that lasts through good times and bad.

Want More Revenue, Profits, & Freedom? Start With a Year End Assessment

​Jackie Nagel | Posted 01.31.2015 | Small Business
​Jackie Nagel

Are you ready to slow your roll, gain a bird's eye view, and harness the power for a stellar year ahead? If so, start with an end-of-year business assessment.

Transformational Leaders Overcome the Tyranny of the Urgent

Terri Wallin | Posted 11.24.2014 | Small Business
Terri Wallin

No matter how much we plan to accomplish in a day, the tyranny of the urgent seems to take over. Each circumstance provides the opportunity to take you away from any planning for the day, week and sometimes month.

Re-Thinking the To-Do List: A Better Way to Accomplish Your Goals

Alex Charfen | Posted 09.28.2014 | Small Business
Alex Charfen

Today, we're more reactive as people than we have ever been in our history. Technology has made it possible to access information instantaneously, and to reach anyone across the globe instantaneously, whenever we choose.

How to Succeed in Business: the First Steps

Jack Nadel | Posted 07.30.2014 | Small Business
Jack Nadel

I'll begin where the majority of successful entrepreneurs begin--"follow your passion." It may be a shopworn phrase, but this advice is as valid today for how to succeed in business as it was a hundred years ago, and it has certainly proven true for me.

Strategic Planning: Hire a Referee So You Can Be a Player

Ray Gagnon | Posted 05.25.2014 | Business
Ray Gagnon

There's an ambient contradiction in your desire to make your deliberations candid, open and egalitarian while at the same time insisting on serving as the head 'traffic cop' who just happens to have the biggest title in the room.

Three Questions to Evaluate New Business Opportunities

Ian Altman | Posted 11.03.2013 | Business
Ian Altman

Elements of this image licensed from   Over the holiday weekend, my wife and I were planning an outing with our children. As is often th...

Are You Being Duped by These 3 Pervasive Business Lies?

MaryEllen Tribby | Posted 09.11.2013 | Business
MaryEllen Tribby

The reality is that you must expend effort to succeed. And why wouldn't you want to? This is, after all, your dream. Your name. Your reputation. If those things aren't worth working for... what is?

Business Plan Yes, But Comprensive and Detailed, Not So Much

Tim Berry | Posted 05.25.2013 | Small Business
Tim Berry

Of course you should know your business, your team, your strengths and weaknesses, and your market. That's absolutely essential. But do you take the business time to describe it in comprehensive detail, with edited text, statistics and formal research? No.

Strategic Planning: Establishing the Right Mindset

Ray Gagnon | Posted 12.26.2012 | Business
Ray Gagnon

Consider this: Which mindset do you think is more conducive to developing the best blueprint for your company's future?

How Bad? Top 10 Lies About Business Planning (PHOTOS)

Tim Berry | Posted 05.25.2011 | Business
Tim Berry

As the world moves faster and faster and tools get better, businesses need good planning more than ever. Unfortunately, as the need has grown, so too has the size of the whoppers that experts who should know better tell.