How to Build a Restaurant Sales Forecast
There is no single right way to do a restaurant sales forecast. The best sales forecast method will vary according to how you manage information, how much past data you have access to, and what special factors drive your business. We'll walk you through an example restaurant sales forecast to help you build your own.
By Tim Berry |
SWOT Analysis Step 1: How to Identify Your Strengths
As an entrepreneur, you want to know your business inside and out so you can make informed, strategic decisions. To do that, a SWOT analysis is the key. Here's how to perform a SWOT analysis on your business.
By Lisa Furgison |
How to Create an Expense Budget
Being right on budget is usually a good thing, but good management involves regularly reviewing your budget to check on the timing, efficiency, and results of what your business spends.
By Tim Berry |
Solopreneurs Can Grow Faster and Smarter With a Lean Business Plan
You've made the decision to become a solopreneur, and you know exactly what you're going to do. But do you really know if it will work? Having a business plan will help you find out for sure—and a Lean Business Plan is faster, easier, and more effective for a solopreneur than a lengthy formal business plan.
How to Write a Business Plan: Use This Checklist to Keep Yourself on Task
Business planning isn't just a one-time event, and it doesn't have to be overly complicated. We've created a business planning checklist to help make the process easier—no matter what kind of plan you need to write.
By Candice Landau |
Why You Should Update Your Business Plan Regularly to Drive Growth
What if you find your business coming to a standstill—or worse, if you start to see signs that your business might be failing? It's a scary moment for entrepreneurs, but regularly updating your business plan can help prompt growth and prevent business slowdown. Here's how to do it.
By John Catibog |
How to Write a Business Plan for a Subscription Box Service
The subscription box industry is growing rapidly, thanks to a steady revenue model and tapping into people’s love for surprises. If you want to start a subscription box business, here's how to write a subscription box business plan.
By Nate Mann |
Start With an Initial Assessment
Start the business planning process with a quick initial assessment. Even for an ongoing business, take the time to step away from the business and assess your business opportunity.
