As mentioned in the previous post about small business management, writing a formal business plan is very essential to the planning process of a business. A business plan will cover all your master plans about how you want to achieve the things that you want to achieve. Take your time in writing a business plan, [...]

Transforming your information technology expertise into a successful and ongoing business can be a great way to make use of these skills and to take control of your financial destiny. It is such a common path that the membership group the Independent Computer Consultants Association (ICCA) exists to support the work of these small business [...]

Send the right message – to the right people – at the right time. If you manage projects, then you will know that to succeed, you need to communicate clearly with all of your project stakeholders. Otherwise your staff will lack clear direction, team morale will be low and your project may deliver over schedule [...]

Developing the financial projections for your business plan may seem a daunting task. After all, how can you know what type of revenue and costs your business will encounter in its first year of operation, let alone the first five years? Putting the projections in the plan and presenting it to funders also seems so [...]

A business plan is an important document, which requires enough time and proficiency. Writing a business plan is not an easy task. Until or unless you don’t have years, of experience you will be unable to write a good and winning business plan that will take your business towards success. Many entrepreneurs feel fatigued in [...]

Every business started for a reason and every business did so because they felt they could offer people something that no other company was able to. When a company first starts out they are more likely to keep that idea close to them. Everything they do will likely be centered on this very idea. However, [...]