We’re continuing the series from Tim Berry on how to write a successful business plan. Yesterday we learned the basics and how to get going, today Tim talks you through narrowing your focus and strategy. I’ve learned a lot from Tim over the years, and this quote from him is something I’ve found myself passing [...]
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Business planning is about determining your business future. Where do you want your business to go? Where should it be in three years? What are the steps to get there? Wouldn’t it be great if you had someone who could help you through the hard parts of business planning? Maybe give you a guiding hand [...]
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Writing business plans … yuck! At least that is what most of my clients say. Some tell me it’s not important. Others tell me that when they write down goals they never achieve them. Still others … well, this whole post could be the excuses I hear on why leaders do not write business plans. [...]
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If your company’s message seems to be getting lost in the shuffle, perhaps now is the time to think about re-branding what you have been saying to consumers. As you give consideration to possibly re-working your brand, keep in mind that a change involves a number of facets, many of which will cost your company [...]
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Do you like planning a vacation? Do you book the flights, reserve the hotels, and look at the restaurants?Does having that plan lock you in, or cut into your flexibility? Do you like planning a party? Do you plan the meals, drinks, entertainment, and who’s coming? Does having that plan lock you in, or cut [...]
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MYTOP is an acronym I created to describe a key strategy business strategy. I’ll explain what it means and how it works momentarily. But first, I need to preface why the MYTOP theory is a critical element for business success and sustainability. With unemployment rates at unprecedented levels, more and more Americans are finding the [...]
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I’m amazed how often I still get emails asking me to either write a business plan or recommend a business plan writer for somebody who has a great idea and mistakenly thinks having a business plan done for them, by a supposed expert, will sell that idea to investors. Sorry, it just isn’t so. Your [...]
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The other day somebody tweeted my bplans.com article What Makes a Good Plan, something that comes from my book Hurdle: the Book on Business Planning, which I wrote in the late 1990s, at the height of the big Internet boom, the same one that turned into a bubble and popped in 2001. I popped over [...]
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Many of us fall into business because of passion, circumstance or perhaps an exciting idea, forgetting about the end game. However, goal setting- making tangible, definable goals- is critical to get you to where you want to go. To illustrate this, I wanted to tell you a bit about my mother, Sheri, and her adventures [...]
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