Recent Articles

Resources for Research of a Business Plan

This article points the small business entrepreneur in the right direction to developing a business plan. In many cases a plan is not needed but resources are evaluated to determine if generating a plan is worth the investment of time.

Small Business Model Series Entry #4 – Basic Research

01/16/2013

Research is something I hate.  I don’t know which is worse, a dental visit or doing research.  This is why I didn’t go to college.  But, I know; I want to protect my hard earned dollars and I need to get smart about Automated Teller [...]

Small Business Model Series Entry #2 – Narrowing the Idea

01/14/2013

This entry is part of a series of entries exemplifying the steps an entrepreneur takes from starting a business to selling the operation. It is a step by step process addressing the multitude of business concepts every small business owner must face. This is a 6 year example from Day 1 to the day the owner receives a check for selling his business. Read this series as if it you were experiencing all of the trials, tribulations and joy of owning and operating a business. [...]

Research Your Business Plan – Part III

01/10/2013

You have now completed the ‘Who’, ‘What’ and ‘Where’ of your plan as a part of the start-up function.  We will now complete the ‘When’ section of the plan.  Remember, you have not formally documented any of these steps.  You [...]

Research Your Business Plan – Part II

11/30/2012

By now you have figured out the ‘Who’ of your plan and the ‘What’. If not, please go to Research Your Business Plan – Part I. Now that you know you are qualified to do the job and you have figured out your customers, competition, and [...]

Research Your Business Plan – Part I

11/26/2012

If you read my section on ‘Do I Need a Business Plan’ and followed those steps, you are now ready for the next step in this process.  Hopefully two important barriers have been breached in your quest to be the next new business.  First, you [...]

Do I Need a Business Plan?

11/24/2012

Whenever someone wants to start a business, they ask their friends and professionals what they should do. The standard answer is always, ‘You need a business plan’. Really, do you? If I do, what is it and how do I proceed? To answer the question [...]