Small Business Plans

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Business to Take Care of before You Open Your Bed & Breakfast

Your bed & breakfast is a business, so you need to get your ducks in a row and necessary forms filled out and filed before you open your doors to guests. Use the following list [more…]

Basic Financial Statements for Your Business Plan

A large part of your business plan includes your financial statements. Financial statements are formal records of your business’s financial activities; they provide a summary [more…]

Writing Business Plans: How to Identify Customers and Competitors

A critical part of a successful business plan is identifying your customers and the competition. Solid business plans incorporate research on potential customers and competitors. Begin by asking the following [more…]

How to Avoid Business Failure

Two big mistakes while developing your business plan can cause your new business to fail: lack of research and lack of preparedness. Avoid becoming a failed business by making sure you don't commit those [more…]

Making a Business Plan Work

A business plan is a strategy for survival that looks at your company today (understanding your surroundings) and then into the future. Your business plan will help you prepare if you include these elements [more…]

Basic Parts of a Business Plan

When you’re putting together a business plan, divide the plan into these basic sections — which every quality business plan should have: [more…]

Business-Planning Checklist

You have a number of essential tasks to complete before you write your business plan. Having a clear picture of your goals and how to attain them is at the core; but consider the other factors on this [more…]

Business Plans For Dummies Cheat Sheet

A well-developed business plan is critical for any start-up business. To develop a thorough business plan, research your customers and competition; avoid mistakes that lead to business failure; and know [more…]

Reasons Why Small Businesses Fail

Many different conditions can cause a small business to fail; some of the major reasons may be down to one or a few of the following. Safeguard your business by making sure you don’t fall into any bad [more…]

Checklist of Small Business Planning Essentials

When planning your business make sure that you have all the elements covered so that you can achieve optimum performance and results – ensure you don’t miss out any of these planning essentials: [more…]

What Makes a Business Work?

The successful running of a business is made up of certain major factors and elements, allowing it to adapt, survive and ultimately grow. These key elements should feature within any progressing business [more…]

Major Pieces of a Business Plan

Business plans are made up of several uniquely important corporate factors and processes. The following are the major elements of a company's business plan documents: [more…]

Business Plans For Dummies Cheat Sheet (UK Edition)

Having a stable, thorough and thoughtful business plan can help you to boost your business and survive in the long term — whether your company is in the UK or elsewhere. When drawing up your business plan [more…]

Six Groups That Do Business with a Business

Six main groups are intimately connected to the life of a business. Knowing who they are, what they expect and how you’re interacting with each of them is essential. [more…]

Paying Attention to Profit in Your Small Business

Your small business is designed to make a profit — even if you’re not making one yet. Managing the financial aspects of profit requires special skills and powers of recognition. The following list offers [more…]

How to Make the Most of Your Small Business’s Assets

The assets of your small business drive your financial picture to a large extent, so you need to know how to manage those assets to maximize their use to you. Use the tips in the following list to help [more…]

How to Plan Ahead for Your Small Business

As the owner or manager of a small business, of course you’re very busy, but it pays to step back and plan for your financial future. Take the time to forecast, plan, and budget. Have your Controller [more…]

Tips for Controlling Your Business Cash

If keeping the books is your responsibility, the good news is that you can implement the following function separations to control your business cash much more easily: [more…]

How to Organize Your Small Business Records

Dealing with the paperwork is a large part of running a small business. The following table suggests essential file drawers to label in an actual file cabinet or two and what must-keep information to file [more…]

Key Sections of a Small Business Plan

If you want investors for your small business, you need to write a business plan so that you have something to present to bankers and potential investors. The format of every good business plan, although [more…]

Determining If You Have the Small Business Personality

If you’re thinking about starting your own company, stop and check whether you have the right personality to run a small business before you start. If you want to be an entrepreneur, you’ll need to have [more…]

Five Great Web Sites for Setting Up a Canadian Small Business

The Internet provides a wealth of great Canadian resources to help you start, run, and carry on your small business. The following Web sites may be particularly helpful to you. [more…]

Five Reasons Why Small Businesses Fail

Every year, lots of Canadians get the entrepreneurial urge and start businesses. Some of those small businesses become very successful and profitable. But every year lots of startups in Canada fail. Here [more…]

Understanding the Types of Business Strategies

Practically speaking, only three basic business strategies exist: a cost strategy, a differentiated product or service strategy, and a focus on a niche strategy. Understanding these strategies is critical [more…]

How to Write a New Venture Business Plan

New venture plans answer five basic questions that provide prospective investors with the necessary information to determine whether they should further consider investing in your business. [more…]


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