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Wednesday, October 9, 2013

Financial Fitness of Entrepreneurs

By  at 2:18 AM  , , , ,  No comments
While creating a growth business can be exhilarating,many entrepreneurs—especially those starting a company for the first time—don't pay enough attention to some core issues surrounding the financial management of their businesses. Often, founders don’t have formal training in finance—they’re  “techies” launching the next Apple Computer or Netscape, professionals putting together advertising,...

Saturday, September 7, 2013

What is a Business Plan?

By  at 1:24 AM  , ,  No comments
A business plan is any plan that enables a business to look ahead, allocate resources, focus on key points, and prepare for problems and opportunities. Business existed long before computers, spreadsheets, and detailed projections. So did business plans. Unfortunately, people think of business plans first for starting a new business or applying for business loans. They are also vital for running a...