Writing a Business Plan

Developing a Successful Business Plan: Part 3

In part 3 of our Developing a Successful Business Plan series, Tim Berry discusses strategy – what makes good strategy and how to develop your own. He also reviews a strategy checklist.  

By Noah Parsons |

Developing a Successful Business Plan: Part 2

In today’s installment, Tim discusses how to analyze your current situation. He reviews the process of building a SWOT analysis, how to better understand your market and competition, and how to define your competitive advantage.

By Noah Parsons |

Developing a Successful Business Plan: Part 1

Palo Alto Software worked with the SBA to produce this online course that we will be featuring over the next few days. The course is hosted by Tim Berry and provides an excellent overview of the components needed for a winning business plan. In today’s installment, Tim discusses how to define your goals and build...

By Noah Parsons |

Track Record Trumps Market Statistics

I received this interesting question today: ” I am trying to create an on-going business plan for our auto accessory retail store. We are in the midst of expanding and were told that we had to develop a new business plan before we could apply for financing/loans. I don’t know where to begin. I’m not...

By Tim Berry |

Business Plan? But I’m not a Start-up!

Ask the owner of a small-to-medium company about a business plan. Expect the answer: “Business plan? but I’m not a start-up. Why would I want a business plan?” They don’t all answer that way, but too many do, and it’s a shame. The business planning process is such a great tool for growing a business,...

By Tim Berry |

You Can Have Too Much Detail

This morning my email included a Business Plan Pro user asking me how to manage the minute detail of projected interest expense to allow for several different loans with differing rates and terms as part of a business plan. There is a way to do that in the software, but first, I suggest we think...

By Tim Berry |

Business Plans Gone Wild

Tim has some nice quotes over at Forbes.com about some of the pitfalls of crafting a business plan. Specifically, Tim focuses on how to not use business plan software.

By Noah Parsons |

It’s the plan that counts

I spent today listening to presentations from contestants in the University of Oregon venture contest. It was amazing how the presentations gave life to some business plans that had been less than impressive when read in a vacuum. During today’s presentations, a company that had nearly been discounted based on the quality of their business...

By Noah Parsons |

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