Posts Tagged ‘business planning’
Finding the Force: Continuous Improvement and Meeting Goals 🆕 (1/6)
A critical part of business planning is preparing for things to change. The better you can control that change, the easier it will be. How do you control change? Use a mission statement. It’s easy to innovate with a great mission statement. Stay on mission A good mission statement guides your employees. It guides their…
Read MoreWinning over investors: how to prove you are the best person to run your business 🙂 (6/6)
The last section Forbes wants you to add to your investor presentation is the “who” section: the explanation of who is going to bring this great idea to fruition. And although it is at the end, this section can make or break your presentation. See, investors are investing in two things: And the real deal-breaker…
Read MoreMaster the money game: How do you make money? How do you spend it? (5/6) 🤑
Investor pitches need financial information, and so does your business plan. The simple question: “Can I afford it?” has to be a part of every decision you make. There’s more to this question than how much money you have. It’s about how your money behaves. Work with an expert, or do it yourself but make…
Read MoreA Thrilling Journey: the importance of Adventure in your Mission Statement” 🗺️ (1/6)
Forbes says to start your presentation with “the concept” of your business. Or “what it is all about”. Catch your audience’s attention early and get them excited for everything that comes after. And that is why you want the concept to be more than an idea. You want to show them your mission. A strong…
Read MoreWhy you have to write an investor presentation, even without investors 👩🏫
What are you doing this week to work ON your business, even for half an hour? How about starting a new investor presentation? What’s that you say: you don’t have investors? Well, that’s not the point. I want you to write this for you and your business. But isn’t it meant for investors? Yes. In…
Read MoreThe easiest way to be better than the competition is to be different🦾 (1/4)
You will never be the only business offering what you offer. You will always have competition. Some of your competition will look and sound a lot like you. Some won’t. But they will exist and they will try to attract your clients. What should you do? Be better? But better than what? And according to…
Read MoreFinancial insight: an essential to grow your business
Your numbers tell a story. It’s a story about the past, and about right now, and about what could happen in the future. If your only in-depth look at your financial results is once a year when reporting taxes, it may be time to outsource financial reporting to an expert and so you can use…
Read More3 must-know essentials to grow your business
You want to grow your business. Why else would you be in business if not for some type of growth? After all, growth brings you more than just revenue. It is also about new opportunities, new clients, additional products or services, stronger bargaining power, better talent, and especially: increased value for a future exit. Growth,…
Read MoreOperations: part 1 of the 2 sides of business
Because I like numbers, or because I like lists, or maybe because it was lunchtime and I was hungry, I recently came across this 2020 article about the two sides of business. (The PB&J image showed up first). Mainly I like business to be simple. A two-sided object is pretty simple. What are operations I…
Read MoreSmall Business and Cash Flow Issues in 2023
I present part 3 of 3 key business skills: Finance, written by Corbin Cook, Virtual CFO & Exit Plan Advisor. Small businesses can often struggle with cash flow issues. Managing both the incoming and outgoing funds is an important task that must be done carefully in order for business owners to remain profitable. Cash flow…
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