Where Business Plans Fall Apart

A business plan is a bit of a paradox. On the one hand, it must account for problems, foresee challenges, and respond to potential difficulties. When the moment comes to confront the inevitable struggles that even successful businesses encounter, the plan you crafted will be your lifeline. At the same time, your business plan must […]

5 Strategies for Growing a Small Business on a Budget

You have to spend money to make money, says the old axiom. And this is true to a certain degree — especially for anyone who is trying to grow a business. However, there is no reason to get discouraged just because you don’t have a multi-million dollar budget to invest in your company’s future. There […]

The Basics of Financial Planning

Did you get into business because of your passion for finances? While some may answer “yes”, many more will say their reason for getting into business came out of a passion for providing a service or creating a product. This means that many people in business don’t have a background in finances, so keeping up […]