Author: Eric PowersWriting a startup business plan that works is not as hard as it may seem at first. You may hear dire statistics about the low rate of business plan acceptance by investors and lenders, but you must keep in mind that many fail to achieve funding because of entirely avoidable mistakes.These are a couple of the common mistakes that can cause a business plan to miss out on funding:Sections Fail to Fulfill Their PurposeEvery section...more
There is a reason why best practices are so commonly used in organizations they work because they have been tested by organizations and teams over and over again. So here are some best practices that upper management may want to consider:1. Own the Project. Dont just direct the initiative your 100% buy-in and leadership is completely critical. One CEO made it very clear to her employees, If it is not in the CRM system, it does not exist and...more
Author: Eric PowersWriting a startup business plan from scratch means doing a lot of needless work. Why not get a head start by jumping off from the work of experienced business plan consultants? Using a business plan template is a sure way is a sure way to avoid all of the work of setting up and laying out your business plan, allowing you to just get started with the meat of your plan.What is a Template?A business plan template is an outlined or sample business plan presenting all of the major sections for your purposes. Some templates are more or less generic, created to serve as many kinds of businesses as possible with customization. Others are sector-specific, using sections and language appropriate for opening a restaurant or a day care center, for example. These take a lower level of customization if they match the sector you are operating within. Templates can be purchases online from business plan writing and consulting companies. An experienced company can put valuable guidance in the instructions of the plan. If done well, the effect is like having an advisor sitting next to you and coaching you through the drafting of your plan. Financial ModelIn addition to presenting...more
1. Employee Buy In. Design and implement employee buy-in programs that help your team understand the value of CRM. Most employees do not care of change of any sort let alone when the change is about to track their every move. But when employees realize that CRM systems are here to help them be more productive, increase customers, retain the...more
Author: Jai Prakash SrivastavaThe consumers always look for special offers and discount when making purchases. There are a lot of companies that offer plastic gift cards to the customers. The gift card is used by the customers in the form of a gift certificate and they can make purchases using these cards. The customers want the cards to be of...more
Author: Eric PowersWriting a business plan is a feared part of launching a new business, and it is natural for entrepreneurs to have some uneasiness about getting started on the document. This is because the ability of the business to raise money is based to a great extent on the strength of the business plan and mistakes can cost entrepreneurs many deals. Here are some tips to overcome writer’s block and dig in to the business plan:Outline and Write BulletsTo start to get a basic idea of the work to be done, begin with a business plan template and, in one sitting, write out everything you can within each section of the plan. Write your notes in bullet points or phrases rather than full sentences at this point, with an aim to dump all of your thinking and knowledge to date into the template.Review From The Beginning OnwardNext, review your notes beginning with the company overview (the executive summary is always best left until last). Highlight areas where you will need to answer strategic questions or uncover data through research. After this process is completed, you should be able to develop a sense of how much work will have to go into each section. Tackle the Plan Piece...more
The first thing to consider when installing your garage door is the type of door you want. Today one of the most popular options is the automatic garage door. Using a remote control, the owner is able to open the door from the car or street with...more
If you are involved in world ventures this article will be of the utmost importance to you for building your business. Firstly world ventures is not a scam. It is a reputable company that not long ago bought out another multi level marketing company...more
Author: Wally GrayFor every $1 that is spent on Internet purchases in America, another $5 to $6 are going to local offline business purchases that have been influenced in some way by online local searches; this is according to research appearing in a...more
Balance. That is a powerful word. It is an empowering way to live. For many this is easier said than done. We all have an inner voice we hear as we go through the day. What tone of voice does your inner voice have, supportive or critical?Which part...more
What kind of business should I start? That is a common question asked by people who are growing tired of their 9-5 job and want to take control of their future. In this Start a Business Guide, I'll show you some ways that you can start a business...more
I am constantly surprised by the number of people who feel that they are stuck in their jobs and who wish that they could branch out on their own and start a company. If you are wondering "should I start a business?", let me give you the 5 reasons...more