With the emergence of so many “social businesses,” there’s been a widening distinction made with what many people are now calling non-social businesses. The distinction is that social businesses are built around a heroic mission to make the world a better place, while their non-social cousins exist for a crass purpose — solely to make …
Starting a Business/
Business Planning
Resources for Starting a Business
Legal Structures of Organizations Legal Forms and Traditional Structures of Organizations Market Research — Inbound Marketing Planning Your Research Market Research Find and Feed the Feeling Strategizing Understanding Strategy and Strategic Thinking Competitor Analysis Porter’s Five Competitive Forces (Part I) Porter’s Five Competitive Forces (Part 2) Competitive Intelligence Product Planning Product Management E-Commerce Sales and …
Two critical components of the Drivers Model are the mission and the vision. When it comes to strategy, do you know the difference between the two? (And, yes, there is a difference!)
I’m generally not a great fan of business plan competitions, for two reasons. First, they can consume huge amounts of time often with little benefit to those who don’t win. And, unfortunately, lately they have become more about the “pitch” and less about quality research and business competitiveness. Actual success in the marketplace won’t be …
The drive to create a business plan in the least amount of time has reached a new high … or low. Last week, Inc. 5000 published an article suggesting you can and should be able to present your entire business model on paper in (gulp) just 20 minutes. The idea is from a recent book, …
Not every would-be entrepreneur has deep pockets, or rich friends and family, to get their business started. Indeed, most small businesses are started on the cheap. Here are some tips on how to start your venture with minimal cash.
Let’s face it; it’s no fun when someone complains. Some people, the saying goes, just like to complain. Best to give them what they want and send them away, right? Not really. Complaints can provide such valuable market feedback that you’ll want to include strategies in your business plan for dealing with them. Most of …
There’s been a fair amount of interest lately in how to write your business plan quickly, say in a weekend. The most well-known is called Startup Weekend, which promises to turn strangers into teams with a completed business plan in an intensive 54-hour weekend marathon. Is this a good idea? There’s also a new book, …
