Many business owners know and understand the value of a business plan. The business plan is a key component of the loan process and serves as a foundation for your organization. However, it only tells half the story. To get the whole picture and have a framework on which to build your business you also [...]
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When I first started working with business plans back in the late 1970s, the average plan was much longer and more complex than what I see today. That might be because business plans are more common than they used to be–they’re used more and more often and by more people. It might also be a [...]
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Tim Berry, President of Palo Alto Software and resident business planning expert, has been talking a lot about business planning lately. I’m going to chalk this up to his being involved in judging multiple business plan competitions in the last several weeks. So it’s more than likely been on his mind. I thought I’d share [...]
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We’re in the middle of business plan competition season, and we’re seeing some great plans, and a lot of common mistakes. We’ve assembled some of our best advice on business competitions, below. Ask Tim Berry – Tips for Business Plan Competitions Don’t Shade Your Eyes, Summarize: “I don’t care if you’re the next big thing, [...]
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Palo Alto Software is sponsoring the Governor’s Business Plan Contest in Wisconsin. The Wisconsin Governor’s Business Plan Contest – the nation’s first statewide, tech-based business plan competition – is accepting entries online for the 2009 competition. Entries will be accepted now through 5 p.m. Jan. 31, 2009. The contest’s Grand Prize is worth $50,000 in [...]
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Let me begin by saying that I never thought I’d be quoting Tyra Banks. On anything. But she recently wrote a piece in Newsweek about her life and her thoughts on, of all things, entrepreneurship. She compared starting a new business to having a new baby – you lose sleep, work 24/7, and look for [...]
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The 2008 Forbes.com Boost Your Business competition is nearing it’s final deliberations. Next week in New York City the final five finalists will present their business plans–including how they intend to invest the prize money to boost their prospects–to an expert panel of judges. One of those expert judges is Palo Alto Software’s own Tim [...]
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Regardless of whether you are based in San Francisco, California or London, England, we all agree that recent months have been pretty unstable from an economic perspective. What should one do with all of the business uncertainty we now face? As these two articles by Alan Gleeson of Palo Alto Software Ltd, U.K. describe, it [...]
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What a great title, right? “I hate business plans.” That’s the title from John Jantsch’s newest blog post on his Duct Tape Marketing blog. He talks about business and marketing plans being different than the actual planning, and about Tim Berry’s new book, Plan-As-You-Go, The book on Business Planning. He’s also running a giveaway for [...]
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