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Business Plans

Launching a Business: Establish Your Business Model

Victoria A. Tiller | Posted 02.02.2017 | Home
Victoria A. Tiller

As you sit down to write your business plan, one of the essential elements to include is your business model. The business model is important because it explains your method of doing business. Your business model will also help you to clarify the purpose of your business.

Launching a Business: What's Your Purpose?

Victoria A. Tiller | Posted 01.22.2017 | Home
Victoria A. Tiller

Starting a business is hard. At times it feels like there are challenges at every turn. Sometimes it's actual challenges such as, how do you find time to work your business when you have a full-time job? At other times it's mental challenges such as, do I have what it takes to start a business?

How to Create an Effective Business Plan

Victoria A. Tiller | Posted 01.18.2017 | Home
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.

5 Realistic New Year's Resolutions

Paola K Amaras | Posted 01.04.2017 | Home
Paola K Amaras

So, without further ado, here are my realistic resolutions for 2016.

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

Steve Mariotti | Posted 10.20.2016 | Home
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.

Five Things I Love About Having a Strategic Growth Plan for My Small Business

Helen Callier | Posted 07.21.2016 | Home
Helen Callier

A Leader that works on the business guiding a team to achieve an established vision versus working in the business i.e. hands on in producing a widget or doing the actual hammering. By working on your small business you are in a better position to lead your organization through its mission, goals and strategies.

5 Common Business Plan Mistakes and How to Avoid Them

Marc Prosser | Posted 05.04.2016 | Home
Marc Prosser

To get the best information possible, we interviewed a variety of small business owners/business plan experts. Here are the 5 common business plan pitfalls they identified and what they had to say about avoiding them.


Jon Vaughn | Posted 05.28.2015 | Chicago
Jon Vaughn

I called a friend. He said, "Pick five scenarios that you think MIGHT happen at this investor presentation, write them down and get it out of your head." It reminded me of the chorus to The Cranberries' "Zombie." I've been here before, I'll keep fighting.

Stop Writing Long Reports

Josh Patrick | Posted 11.05.2014 | Home
Josh Patrick

Whether you use mind maps or short reports with lots of bullet points you want to be clear in your communication. The clearer you are, the easier it is for others to implement. After all, isn't that what it's all about? Having clear implementation with as little effort as possible.

Hard Truths About Business Plans and Angel Investors

Tim Berry | Posted 09.13.2014 | Home
Tim Berry

Earlier this year I reviewed submissions on more than 30 businesses for our angel investment group in two days. Yes, I was cramming! No, I didn't read the business plans, just the summaries. So here's what I saw about business plans, summaries, and angel investors.

How to Assess a Social Enterprise

Hila Mehr | Posted 04.21.2014 | Home
Hila Mehr

How do we really know when an organization is doing quality work we should rally behind and having a real, positive impact, versus just using the right buzzwords?

4 Traps To Avoid In Business Plans For Startup Tech Companies

Jose Vasquez | Posted 02.01.2014 | Home
Jose Vasquez

Business plans can attract new investors to your idea, or they can serve as an excellent platform if you're seeking grants. No matter what your eventual goals are, having a solid business plan is absolutely essential.

Young NFTE Entrepreneurs Compete for National Championship: Now the Final Four Head to the Finals!

Steve Mariotti | Posted 01.23.2014 | Home
Steve Mariotti

NFTE business plan competition finals grow all the more selective as four from the original cohort of 39 young entrepreneurs move on to last round.

Part V, The Road to Nationals: How NFTE Graduates Around the Country Are Getting Ready for October 3

Steve Mariotti | Posted 01.23.2014 | Home
Steve Mariotti

We're almost there -- October 3rd, when 39 students representing 35 businesses from around the country will contend for top honors and for the chance to win over $25,000 in cash and prizes from Mastercard to help bring their business ideas to life or advance their education.

Part IV, The Road to Nationals: How NFTE Graduates Around the Country Are Getting Ready for October 3

Steve Mariotti | Posted 11.30.2013 | Home
Steve Mariotti

Students will gather from all corners of the country for the competition and the southeastern region will be represented by student entrepreneurs dealing in everything from web design to fashion to software.

Part III, The Road to Nationals: How NFTE Graduates Around the Country Are Getting Ready for October 3

Steve Mariotti | Posted 11.29.2013 | Home
Steve Mariotti

From fighting bullying, to baking fortune cookies, to the world of fashion, these students from the Nation's Capital, Baltimore and Philadelphia are inspiring and I know they will stand out with their innovative business ideas.

Beware: 5 Biz Partners to Avoid in 2013

Zondra Hughes | Posted 02.26.2013 | Chicago
Zondra Hughes

Great ideas and hard work will yield nothing if you don't have the right team. The good news is that there's no time like the present to make a change, so do what you must to make it work.

Why Your Startup Shouldn't Have a Detailed Business Plan

Brazen Life | Posted 02.17.2013 | Home
Brazen Life

What's the point of a business plan if you can't seem to get your startup off the ground? If you find your company struggling, you might end up throwing that business plan out the window anyhow.

Three Cheers for Family and Friends -- Funding America's Small Businesses and Our College Grads

Nick Bassill | Posted 08.08.2012 | Home
Nick Bassill

Many graduates, burdened by debt, are questioning what they should do next. Some are now thinking about creating their own business. So, the challenge is, how does anyone with an idea and a dream get the training and funding needed?

Business Plan Basics: Get Your Business on Track

Women & Co | Posted 07.15.2012 | Home
Women & Co

When starting a business, a solid business plan can help you secure financing and win those crucial first customer.

Your Strategic Plan -- Dead or Alive? Nine Ways to Make It Live

Ray Gagnon | Posted 07.02.2012 | Home
Ray Gagnon

Going about it the right way and being serious about the result can buy you a critical organization asset: an articulated framework of ideas that rationalizes everything you do and results in greater focus and synergy across your entire enterprise.

Should You Burn Your Business Plan?

Frank Farwell | Posted 03.12.2012 | Home
Frank Farwell

Burn it in the fireplace, recycle it with this week's trash, or deep-six it in the back of a storage closet. You'll probably be doing yourself a favor. Let me explain why.

Our Future Business Leaders Are All About Green

Andrew Winston | Posted 08.13.2011 | Home
Andrew Winston

If these entrepreneurs are our future business titans, then I'm feeling pretty good about where we're headed.

Rod Kurtz

Writing A Business Plan? Better Talk To Rob Adams First | Rod Kurtz | Posted 08.12.2011 | Home

Rob Adams has spent most of his career catching companies on the rise. As an entrepreneur and institutional investor, he has founded or financed more ...

10 Business Plan Follies That Make Investors Cringe

Marty Zwilling | Posted 05.25.2011 | Home
Marty Zwilling

Every entrepreneur likes to think that their document is inspirational. Every serious investor has a stack of these in their in-basket. Here is what investors say the former shouldn't do.