Writing a Business Plan

Developing a Successful Business Plan: Part 6

In part 6 of our series, Tim Berry discusses forecasting. Tim will teach you how to forecast sales, estimate costs, and how to produce an accurate profit & loss forecast. At the end of the day, forecasting is more of an art than a science and Tim will show you how to get the job...

By Noah Parsons |

Developing a Successful Business Plan: Part 5

Here’s part 5 in our series on creating a successful business plan hosted by Tim Berry. In Part 5, Tim focuses on the business plan financials. He reviews profit and loss, cash flow, and the balance sheet. Most importantly, Tim provides details on the differences between profits and cash flow.

By Noah Parsons |

Developing a Successful Business Plan: Part 4

In part 4 of our online business planning course, co-sponsored by the SBA, we look at the process of developing the body of your business plan. Tim Berry walks us through how to tell our company story, what a standard business plan outline looks like, and how to set objectives and milestones.

By Noah Parsons |

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 |

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