Tim Berry

Founder and Chairman

Tim Berry is the founder of Palo Alto Software , a co-founder of Borland International, and a recognized expert in business planning. Tim is the originator of plan-as-you-go business planning. He has an MBA from Stanford and degrees with honors from the University of Oregon and the University of Notre Dame. Today, Tim dedicates most of his time to blogging, teaching and evangelizing for business planning. His full biography is available on his blog. You can follow Tim on Google+.

Recent Articles Published by Tim Berry

What is an Acid Test?

Short-term assets minus accounts receivable and inventory, divided by short-term liabilities. This is a test of a company’s ability to meet its immediate cash requirements. It is one of the more common business ratios used by financial analysts. Read more »

What is Accumulated Depreciation?

Total accumulated depreciation reduces the formal accounting value (called book value) of assets. Each month’s accumulated balance is the same as last month’s balance plus this month’s depreciation. Business Plan Pro shows accumulated depreciation in the Balance Sheet. Read more »

What is Accrual-Based Accounting?

Read more »

What is Accounts Receivable (AR)?

Debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid. The standard procedure in business-to-business sales is that when goods or services are delivered the come with an invoice, which is to be paid later. Business customers... Read more »

growing

Do You Have the Courage to Price High?

In the consulting and services industry, pricing is your buyer's best indication of your value. People buy on confidence, reliability, name and assurance, not on price. Read more »

planning

How Do I Create a Plan And Stick To It?

Here are the two keys to creating an ongoing process that works. Read more »

What is Accounts Payable (AP)?

Accounts Payable (AP) – Bills to be paid as part of the normal course of business. This is a standard accounting term, one of the most common liabilities, which normally appears in the Balance Sheet listing of liabilities. Businesses receive goods or services from a vendor, receive an invoice, and until that invoice is paid the... Read more »

starting

Find Your Best Path to Start

Know what it takes to start a business. Some businesses are easier to start than others. Here’s how to understand the differences. I’ve spent many years as an entrepreneur and working with entrepreneurs. I understand and sympathize with the urge to create something, to build your own and make it work. This is a fabulous... Read more »

growing

The Sad Truth About Small Business Decision-Making…

Problem: One of the things I really like about startups and small businesses is also a frequent problem with the way they make decisions. Let me explain. Read more »

growing

Why You Need to Understand ‘The Age of the Customer’

I admit, when I started reading this book I was skeptical. I’m a social media pro. I thought I knew all about it. But no, as it turned out, I really had to read Jim Blasingame’s new book The Age of the Customer. Read more »

starting

These 2 Steps Move a Startup from Talk to Execution

My recent experience with sales forecasting and expense budgeting reminds me, once again, how much I like planning as a vital part of the process of starting a business. Read more »

growing

Persistence and the Art of Decision Not-Making

After serious discussion, and full consideration of the pros and cons, you make a difficult strategic decision. So you want to move on, but somebody you work with keeps revisiting that same decision. Read more »

starting

Your Business Lives and Dies by Its Differentiator

It’s also called your secret sauce, and sometimes your competitive edge. Your differentiator is what makes you different from your competitors. Read more »

funding

5 Things Missing From Most Entrepreneur Pitches

I found this list in a very good post from Charlie O’Donnell on his blog This is going to be BIG. I don’t know him, and I didn’t know his site, but on digging I discover he has done time with Union Square Ventures, teaches entrepreneurship and practices what he preaches with a couple of... Read more »

funding

My Favorite 2014 Trend is Boomer-Millenial Partnerships

Every year around this time I look forward to Steve King’s small business trends for the next year. Read more »

funding

5 Lessons “Shark Tank” Can Teach You About Pitching to Angel Investors

The TV show "Shark Tank" has a lot in common with the normal flow of angel investment. These are the five key lessons to take away from it. Read more »

growing

5 Tips on Growing a Successful Business

These are highlights from last week’s podcast interview of Fran Tarkenton by Stephen Lahey on Small Business Talent. These are direct quotes: When your mission is to help people, you’ve got a sustainable business plan because the byproduct of that is that they will do business with you and they will find your products and services valuable and they will pay... Read more »

planning

What Are Good Ways to Turn a Business Idea Into a Business Plan?

This is my answer to a Quora question, What are good ways to turn a business idea into a business plan?: Think of a business plan as a collection of interconnected modules. There’s strategy, market, milestones, tasks, measurement, review schedule, projected sales, costs, expenses … some people like verbiage, some prefer just the core concrete... Read more »

growing

Free Innovative Version of Nancy Duarte’s Book Resonate

Here’s a great update: It’s almost two years now since I posted Tell Your Story Well, on my main blog here at Bplans, recommending Nancy Duarte’s brilliant book Resonate. Nancy recently optimized that book for interactive multi-media use, and posted it entirely free. And that’s a real gift. I wrote in that post: If you ever... Read more »

starting

Infographic on Entrepreneurship in Higher Ed

Congrats to Michigan for its #1 showing here among grad schools for entrepreneurship. Read more »