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 […]
Ideas for entrepreneurial sports fans Being a great entrepreneur means pursuing a business idea that you feel passionate about. That can come in many forms – as a food truck, an emerging tech startup or a local manufacturing business. If you eat and breathe sports, there many ways to marry your passion for sports with […]
Team-building exercises usually elicit more cringes than excitement among workers. Trust falls, building newspaper towers and other forced interactions can sometimes hurt team cohesion. To combat the negative vibes that sometimes come from team-building activities, many businesses are choosing activities that appeal to a younger workforce. While that could mean visiting a local escape room or throwing axes, the […]
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 […]
As an advisor, I help people buy and sell businesses. I’ve noticed that every potential acquisition entrepreneur eventually asks the question: Is this a good business to buy? What they want to hear is that the business they’re considering has no risk and unlimited upside, but as you might imagine, that doesn’t exist. Every business […]
