Business Plans; What To Know
If you had an idea that would change the world, or at the very least change the way certain aspects of business or civilization were conducted – say with a new scientific or technological breakthrough –, and the concept had some valid basis, like a theoretical formula or successful test, for example, then you might be able to raise development capital with nothing more than that idea written on a napkin. Anything less however, is going to require a business plan, or, at the minimum an executive summary. Which [of […]
Read moreMore Than a Good Idea
So you have a great idea for a new business? It’s innovative, new and has unlimited potential? Great! Join the club. Virtually everyone at some point in their life comes up with an idea for what they believe would make a great business. Of those, only a handful actually transcend the dreaming stage and are actively pursued. And of those, sadly, only a small percentage are successful. Taking an idea in theory and converting it to an actual ongoing day-to-day business operation is a mighty task. Then again, if it […]
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