BUSINESS PLANNING 101: EXECUTIVE SUMMARY (LAST)

We are on to the LAST next component of the business plan: The Executive Summary. THE EXECUTIVE SUMMARY SHOULD BE THE LAST THING YOU ADD TO YOUR BUSINESS PLAN! The reason for this is because the executive summary is a SUMMARY of all the components of your BP. What is an EXECUTIVE SUMMARY? An executive … Continue reading BUSINESS PLANNING 101: EXECUTIVE SUMMARY (LAST)

What Is E-commerce? Examples and Benefits

If you ever wondered what e-commerce was or you were interested in starting an e-commerce business this is the post for you! I am going to give you definitions, examples and benefits of e-commerce! What is E-commerce? E-commerce is the buying and selling of good or services via the internet. Types of E-commerce: Business to … Continue reading What Is E-commerce? Examples and Benefits

Business Planning 101: Introductory Page (w/EXAMPLES)

As I promised in The Importance of a Business Plan, I will be taking you on the journey of writing your very own business plan! We will be starting with the Introductory Page. Components of the Introductory Page: Name of business When trying to come up with a name for your business focus on the … Continue reading Business Planning 101: Introductory Page (w/EXAMPLES)

THE IMPORTANCE OF A BUSINESS PLAN

I wrote my first business plan as a junior in college. The class was titled "New Venture Planning" and our only assignment was to write a business plan for whatever business we wanted to start. I Chose to create a multi-functional sports training gym in my hometown. I went through the process of preparing a … Continue reading THE IMPORTANCE OF A BUSINESS PLAN

3 TYPES OF BUSINESS MODELS

It is important to know what types of business models are out there so that you can make the best decisions for your future business. You have to know what type of business you want to create. Do you want to sell products or services? What types of products or services do you want to … Continue reading 3 TYPES OF BUSINESS MODELS