We’ve read a lot of business plans and heard more business pitches then we can count, the biggest mistake that we find in all the plans comes at the end, in slide 11 in our business plan course, where you present the business financials. It’s where things really come apart and where credibility is won […]
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Author Archives: Brandon White
Business Elevator Pitch – Can you Tweet your Business Plan?
Blaise Pascal once said, “‘I’m sorry that this was such a long letter, but I didn’t have time to write you a short one.” Writing something that is short and to the point is hard and takes a lot of time just just like making something simple is hard and also takes a lot of […]
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When is the Right Time to Write a Business Plan?
Most people that come to me for help writing a business plan when they are down the line of either building their product already or growing their business. Everyone wants to jump into the fun part of the game, thinking about all the functions and features, designing how it will look, specing out the services […]
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Why Do Most Small Businesses Fail in the First Five Years and What you Can do About It
According to the Small Business Association (SBA) 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10. We want you to be part of the businesses that succeed statistic and it is important to be able to recognize the areas […]
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Options for Small Business Startup Funding
Anyone who has attended one of my talks knows I walk everyone through all the different types of funding options from idea funding, to start up funding, all the way to funding options for mature growing companies. In this article we focus on small business start up funding. If you have a great business idea […]
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Writing a Good Business Plan
Writing a good business plan can be a lot of hard work or it can be great fun. An effective business plan can help your company to greatness. A poor one can lead you out of business. Not having a plan is like asking to fail before you even start. Not every business needs a […]
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Should I Become an Entrepreneur?
It takes an entrepreneurial spirit in your belly to start a business and make it succeed. The fire can come from a lot of different places: you are tried of working for someone else and building their dreams and goals, you want to work on your own schedule, you have a great idea for a […]
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How to Avoid 8 Common Business Mistakes – Part 2
In Part 1 we covered: 1) Underestimating Project/Service Time 2) Not Knowing Your Company Numbers/Incorrectly Setting Prices 3) Not Charging for All of Your Time & Costs 4) Not Getting Paid Fast Enough Now let’s cover four more common business mistakes and how to avoid them 5) Failure to Have Solid Systems and Procedures in […]
Continue ReadingHow to Avoid 8 Common Business Mistakes – Part 1
There are business mistakes you can make at various stages of your business growth that can be slowly killing it for months or even years if you don’t watch for them. And these mistakes are not reserved for the rookie entrepreneur or companies. Many businesses, including those you might think are “successful” because the have […]
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7 Tips to Starting a Successful Small Business
Getting a small business off the ground is challenging to say the least. Here are some quick tips to help you get going: Have Goals This is where it all starts, the foundation for success. Know exactly where you are heading. What will the business look like in the future? How will you know when […]
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