Day: April 27, 2020

Business Plan Template for an Established Business

Business plans aren’t just for startups. Developing a business plan for an established business serves several purposes: It can help convince investors or lenders to finance your business, persuade a business buyer to purchase your business, or entice partners or key employees to join your company. Most importantly, it serves as a roadmap guiding the growth and continued success of your business throughout its next stages.

Writing a business plan is an opportunity to carefully think through every step to achieving your goals for your company. This is your chance to discover any weaknesses that may threaten your business, identify opportunities you may not have considered, and plan how you will deal with challenges that are likely to arise.

This template includes instructions for each section of the business plan for your established business, followed by corresponding fillable worksheet/s.

Sections of this business plan include:

  • Executive Summary
  • Company Description
  • Products
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How to Test and Choose the Best Name for Your Business

6 min read

Opinions expressed by Entrepreneur contributors are their own.

The following excerpt is from Brad Flowers’s The Naming Book. Buy it now from Amazon | Barnes & Noble | IndieBound

When beta testing your business name, my first inclination is to say “Don’t.” Be confident. Stick to your choice. But that’s hard to do. You’ve likely never named a company before and will want some assurance that you aren’t totally crazy.

But some ways of getting feedback are better than others. Here’s how to set up a test for your name finalists.

Create a Deck

Using presentation software, find a photo that’s relevant to your industry. Place the image in the background of the slide and make it darker so the word will be clearly legible when viewed in white text. The image will make the word feel more like a brand name and less

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The 10 Most Popular New Businesses for Entrepreneurs to Start

Dreaming of starting a business and wondering what kind it should be? We can’t answer that, but we can tell you the types of businesses other entrepreneurs are most interested in starting.

Every month, more than a million people visit Bplans and search among sample business plans for more than 500 types of businesses. And every year, Palo Alto Software, which owns the site, tracks which searches are most popular and publishes the top 10. It’s a fascinating look into the types of businesses most of us dream of starting, and how those dreams have changed over time.

Top 10 business-plan searches for 2014:

  1. Services
  2. Restaurant, Café, and Bakery
  3. Retail and Online Store
  4. Medical and Health Care
  5. Manufacturing
  6. Nonprofit
  7. Bar and Nightclub
  8. Farm and Food Production
  9. Wholesale and Distributor
  10. Construction and Engineering

It’s a no-brainer that Services tops the list, says Sabrina Parsons, Palo Alto Software CEO. “It’s always the

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5 Online Businesses You Can Start With No Money

The internet is the great equalizer. In business specifically, it has leveled the playing field. Anyone can start a money-making online business—anyone with a computer, that is. But here’s the thing: virtually no technical experience is needed. Today there are plenty of tools you can use to build an online business that makes the technical work a lot easier than it was in the past.

You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow. No business or marketing experience is needed either. It’s a truly democratic medium for entrepreneurship.

Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate

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Developing business intelligence | Jisc

“Business intelligence (BI) is an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimise decisions and performance”
Definition: Gartner.

The issue

Institutions require access to accurate, timely and meaningful information about their core businesses and the environment in which they operate if they are to adapt and thrive in a fast-moving environment.

This can prove challenging due to a range of factors including available resources, internal data issues and the complex area of external data from countless sources. Staff may also not have the relevant skills to obtain, analyse and present data in a meaningful way.

What you can do

Find out more about business intelligence systems

BI systems can help institutions gather information and present evidence on which to: plan for the future, benchmark different aspects of their performance against other institutions,

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30+ Small Business Ideas That’ll Make You Money in 2020

With so many business ideas in 2020, it can be hard to figure out which are worth pursuing. And when it comes to starting a business, ecommerce has completely changed the way we view the global industry. To put it into perspective, global ecommerce sales amounted to nearly 3.5 trillion dollars worldwide in 2019. This goes to show that ecommerce is an increasingly lucrative option for businesses. You’ll want to create an ecommerce business that’s not only profitable today, but also great for the long-term. You may notice that a lot of the ideas on this list have been growing in popularity recently. While jumping on a new trend can sometimes be risky – it can also be highly rewarding. Some of the ecommerce business ideas on this list have been popular for a long time making it more competitive but less risky. However, all the niche examples below will

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12/12 | Challenges to overcoming inequality in Brazil: A conversation with Nelson Barbosa, former Minister of Finance of Brazil

The Robert L. Heilbroner Center for Capitalism Studies, SCEPA, and the Reconvexo Collective invite you to:

“Challenges to overcoming inequality in Brazil: A conversation with Nelson Barbosa, former Minister of Finance of Brazil”

With Nelson Barbosa and Marcelo Medeiros

many years of decreasing income inequality and poverty levels, Brazil
is again facing a worsening of its poverty indicators. According to the
Brazilian Institute of Geography and Statistics (IBGE), the number of
people in Brazil with an income below the World Bank Poverty Line
increased, on average, by one million every year between 2015 and 2018.
This seminar is an opportunity to discuss the recent economic and
political changes in Brazil, and how they can affect income distribution
and poverty indicators.

Thursday, December 12, 2019
6:00pm – 8:00pm
Wolff Conference Room, Room D1103
Albert and Vera List Academic Center
6 E 16th Street, New York, NY 10003

Speaker: Nelson Barbosa

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SA’s first black-owned winery wins Small Business Entrepreneur of the Year

By Philippa Larkin Time of article publishedSep 9, 2019

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Stevens is petite-sized. But this wine-making barrel-wielding dynamo does not let obstacles stop her.

This past week she walked away with Small Business Entrepreneur of the Year.

The single mother of two says is the owner of the first black-owned winery in South Africa. 
The winery, Carmen Stevens Wines, processed 150 tons per last year with a turnover of R8.1 million.  

She says the art of wine making includes selecting the right fruit and putting the right combinations together.

“You know every winemaker puts their personal touch on their wine.  My  wines are very big -big tannins, big colours – but elegant. When you put it into your mouth you know there is concentration and depth. Although it is that big, it is so palatable.”

The business is a long way

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Can cryptocurrency portfolios be aided by tools built for traditional finance?

Ever since the crash, on-chain metrics suggest that investors now have predominantly bullish sentiment and are increasing their positions and hodling even more. With an increased interest in Bitcoin as a long term digital asset, there have been also increased development of investment products to cater to the demand.

Chandan Lodha, Co-founder of Cointracker, speaking on The Pomp podcast delved into the crypto ecosystem and highlighted the opportunities and challenges faced when it comes to investment portfolios and in portfolio tracking products for investors. He highlighted how tools built for traditional finance can positively benefit the crypto industry as well, he said,

“There are lots of very intelligent people who have been thinking about this outside of crypto, for regular finances and many of those strategies and tools can be built for the crypto ecosystem, and that’s a lot of what we’re doing. There are certain nuances and idiosyncrasies about

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