Starting a Business

You Don’t Have to Be First to Start a Business

Most people overvalue ideas and being first. You don’t have to be first to have a good business, and you don’t have to be unique. Far more important than being the first is just the simple foundation of giving your customers good value. Give good value for every dollar spent, and that will build return...


Business Startup Strategy

I strongly suggest that would-be entrepreneurs do a business plan. As a result of completing the plan you will be much better prepared and know whether or not your business idea is feasible. Try the following article for a short-cut. However, I caution you on following a short-cut unless you have substantial experience or knowledge...


Colemen Finds Success with Business Plan Pro

Clemen Chiang was the youngest member of his MBA class at the University of Louisville, Kentucky when he began writing his business plan for Colemen International Pte Ltd, but he didn’t let his comparative youth and inexperience stop him from achieving his dreams. Colemen was launched on April 19, 2001. The company provides business and...


How to Protect a Business Idea

We are often asked by clients how to protect their ideas. The best way, of course, is to keep them secret. Any facetiousness aside, it is a sincere recommendation. Often people talk about their ideas to brag, to brain storm, and to make themselves feel as if they are adding to discussions. These are not...


It’s a Dog’s Life: A Success Story for a New Business Owner

“You have got to be…” Her friends and family thought Kris Price had lost her mind when she sold her house and left a successful 23-year career with Nike, Inc. to launch her own business. But after four years of hard work and research, Business Plan Pro customer Price achieved her dream in June 2002,...


How to Choose The Right Business For You

Your passion, your knowledge, and a dose of my practical advice are the best places to start in choosing your new business.


Reducing Risk for a Startup Business

How do you transition from employment to self-employed entrepreneur without losing your shirt? That is a fundamental question. If the business you want to start allows it—not all of them do—many people test the waters first by starting the business with limited funds in their spare time. Consider this option: ask yourself whether you could...


Cover Your Bases

This is the great, and terrifying, thing about becoming an entrepreneur, that you really don’t know how the venture is going to turn out. Certainly Bill Gates had no idea when he dropped out of Harvard to start Microsoft that he would become as successful as he did. By the same token, the florist who...


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