Business Planning

  • A Business Plan for Opening a Candy Store

    Candy store plans should be devised in a professional manner. The candy retail and candy gift basket business is extremely competitive, and without a financially and strategically sound business plan, it is easy to go wrong in this business.
    By Vikas Vij September 4, 2011 

  • Mission Statements Versus Vision Statements

    A question that some students and practitioners of management have is, “What’s the difference between mission and vision statements?” While a mission statement highlights the purpose, a vision statement paints the future goals of...
    By S Wood August 25, 2011 

  • How to Write an Effective Proposal for Business Deals

    A business proposal is a written offer from a seller to a prospective buyer in a formal and structured way. The basic structure of a business proposal includes the title page, executive summary, introduction, problem/need, objective/solution,...
    By N Nayab August 25, 2011 


  • Start-up Business Ideas: Second Hand Merchandise Shop

    A thrift store dealing in second hand goods is a time tested business opportunity. With people trying to reduce spending owing to inflationary pressures and an uncertain economic outlook, such shops find good patronage. Read on for five attractive second...
    By N Nayab August 25, 2011 

  • When Should You Use Budgeting That is Performance Based ?

    Although performance based budgeting (PBB) is harder to enact than line-item budgeting, it provides a better picture of what is accomplished rather than what is spent. This method of budgeting increases accountability and is used mostly in the...
    By Adam Pressman August 25, 2011 

  • Forecasting vs. Budgeting: What's the Difference?

    Both budgeting and forecasting are financial projections. Looking at the differences between forecasting and budgeting, forecasting is broad in scope and part of strategic planning whereas a budget is more specific and detailed, with expenditure heads...
    By N Nayab August 22, 2011 


  • Now VentureSocially Helps You Create Venture Pitches Online

    This VentureSocially.com review reveals it as a website that provides a platform for entrepreneurs to create comprehensive project pitches that highlight their proposal and attract venture capitalists and other investors. It aims to bring the entrepreneurs...
    By N Nayab August 21, 2011 

  • Steps for Checking the Availability of a Company Name

    Ensuring that the name of your business is free to be used is one of the most important steps a business owner should take. Researching the availability of your business name will save you time, money and frustration, so be sure to have several options...
    By Ivy N. McQuain MBA August 15, 2011 

  • Example of a Small Business Budget

    Want to know how to track the projected revenue and expenses for your business startup, the upcoming fiscal year, or a new business project? The following article provides information on small business budgeting, including links to an example of a...
    By SusieBrown August 11, 2011 

  • How to Start a Limited Liability Partnership

    A limited liability partnership (LLP) affords licensed professionals the ability to work together within a common business entity while benefiting from limited liability protection.
    By SusieBrown August 8, 2011 
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