Archive for the Business Planning Category

13 Essential Google Tools to Improve Business Productivity (and Profits!)

Google is famous for its free and low-cost business tools, including Apps, Maps and Search. But if those are the only Google tools in your business, you’re missing some of their best productivity-enhancing applications. We’ve put together a baker’s dozen of our our favorite Google tools and add-ons. Check out […]

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What is Your Business Trying to Tell You? 5 Keys to Better Business Metrics

Business metrics

In my career as an entrepreneur, I’ve often fooled myself about what’s important and how to build my business. I’d go to work each day focused on results that are easy to see: making a sale, collecting “follows” on social media, tracking the website hits from my online advertising. And sure, […]

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PCI Compliance FAQs

You may have heard the term PCI compliance while researching how to accept customer credit and debit cards as a form of payment, but if you’re not quite sure what PCI compliance entails, you’re not alone. Here are some commonly asked questions about PCI compliance, and how it relates to […]

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How Will You Cope When the FLSA Changes?

Contractors around the country are worried. Regulatory changes to the Fair Labor Standards Act (FLSA) start in December, and contractors want to know if they will have to change the compensation of their salaried employees. The answer to this is a resounding “maybe.” Some comp plans will certainly have to be […]

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Business Plan Wizard: How to Write your Future on One Page

One Page Business plan for a 700 age book!

When you’re excited about a new venture, stopping to write a business plan is a drag. When it starts to feel like a burden, many of us quit. Either we venture on without a plan (to certain doom) or we decide not to pursue the new idea at all.

JK Rowling planned her 700-page Harry potter novel on one page of notebook paper; entrepreneurs can do the same with a business plan. So before you write a 30 or 40 page business plan that describes every aspect of a new venture, write one page.

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SaaS Business Model: Use Excel, not Magic, to Calculate Success

Forget “magic number” theories of SaaS business models. Grab this free Excel spreadsheet to find out if your SaaS business will thrive or dive. Includes Churn and GM%.

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Are You Using Strategic Filters to Analyze Growth Opportunities?

Strategy development and business growth should not include flipping a coin

[By guest blogger Mary Bruce]     I thought it was a pretty simple question. “What do you want this business to look like in five years?” However, Joan didn’t like it at all. “That’s not a question I can answer. Our market is limited. In order to grow, we […]

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Is 30 “Too Young” to Start a Business?

Mark Zuckerberg

A Harvard Business Review article (and podcast) called “The High Intensity Entrepreneur” makes this shocking claim: “To be successful, entrepreneurs should wait until they are in their 30’s before launching a business.” I almost dropped my iPod when I heard this. The article actually quotes a study that says most […]

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