Tag Archives: business planning

First three considerations when setting financial goals

Making the leap from employment to entrepreneurship is very exciting, but virtually all new business owners have serious questions about their ability to survive and thrive financially. The exercise of creating, analyzing and refining financial projections has a huge impact … Continue reading

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Target Marketing – How Important Is It?

When you are writing a business plan one section of that plan will be dedicated to target marketing.  You might wonder what target marketing is and how important is it?   According to the business plan template that is used by … Continue reading

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Global Entrepreneurship Week

Global Entrepreneurship Week is the world’s largest celebration of entrepreneurship. The week runs from November 16 – 22 and offers local, national and global activities designed to help people explore entrepreneurship and innovation. The activities range from large-scale competitions to … Continue reading

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3 Things to check when considering hiring your first employee

Hiring a first employee can mark an exciting milestone in the growth of a new business. It is usually and indicator that the business is in demand and needs to be able to do more. Taking on a new employee can … Continue reading

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The importance of benchmarking your financials: Does your business stack up?

In entrepreneurship, it can be difficult to know how you are performing. Unlike in large businesses, there may not yet be year-over-year performance records, or any other internal way of knowing what financial numbers indicate good business management. Benchmarking against … Continue reading

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Back to School. Back to Business.

Change is in the air for entrepreneurs and their families. September brings substantial change to households whose kids are returning to class. Schedules start earlier in the day, there is daily homework to be done, and care free summer fun … Continue reading

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Business Planning – Where to Start

Writing a formal business plan can seem daunting, especially when using a template that asks questions spanning 8 to 10 separate sections. To help ease into a larger template, it can be helpful to write down some key notes in … Continue reading

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Planning your business – How will you get paid?

Our blog from April 27 – Key questions to consider when planning your business – outlined some key questions to consider while planning to open a new business.  This week’s post will focus on the financial question, how will you … Continue reading

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Changing Seasons spell changes for Business

September is here and the children have returned to school.  This serves as a reminder that the season is changing and fall will soon be here.  It also reminds us that seasonality is something that can impact our business as … Continue reading

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Start with a Vision

“Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.” Jack Welch As the first step in your entrepreneurial venture, you need to have a vision. Plan what you think your … Continue reading

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