This article has been excerpted from 55 Surefire Home Based Businesses You Can Start for Under $5,000 and other great resource books published by Entrepreneur Press. Today, tens of thousands of people are considering starting their own business, and for good reasons. On average, people can expect to have two and three careers during their work life. Those leaving one career […]
Every ambitious entrepreneur has the same major objective — for their startup business idea to become the next big thing. It may be hard to imagine, but Steve Jobs and Mark Zuckerburg were once in the same position as most business owners. Coming up with an idea for your startup business should be approached with the same dedication as every […]
A business plan is a written description of your business’s future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you’ve written a plan, or at least the germ of one. Business […]
Opinions expressed by Entrepreneur contributors are their own. Every business needs to have a written business plan. Whether it’s to provide direction or attract investors, a business plan is vital for the success for your organization. But, how do you write a business plan? SBA.gov recommends that a business plan include: Executive summary — a snapshot of your […]
One of my highest honors is working with business owners and entrepreneurs to help them think through their best options for financing their business growth. Today, I want to share three of the most common questions I get and how I respond: 1. Do I need a line of credit for my business? Every business needs a safety […]
