A angel panel held during FiBAN-Finnvera pitch session discussing “what is a great startup team?”. Panelist: Ari Korhonen, business angel Wili Miettinen, ser…
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Animation about the European angel investment market by EBAN, the European Business Angels Network. EBAN 2013 Copyright & Direction: Pedro Miguel Oliveira Ar…
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Certain Holders of the Verso Paper 8.75% Second Lien Notes Have Received …
The Holders received a proposal from Verso Paper on February 25, 2014 (the "Company Proposal") to revise the terms of the Exchange Offer. …. Syndicated stories and blog feeds, all rights reserved by the author. … technologies aimed at handling high …
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Endo Completes Acquisition of Paladin Labs
"Endo will continue with a sharp strategic focus, lean operating model and improved execution of core businesses. Strategic acquisitions will also continue … Syndicated stories and blog feeds, all rights reserved by the author. Related; Print; Email …
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For more video tours please visit our website: http://www.famproperties.com Size – 1939 Sqft View – Sheikh Zayed Road View – Easy Access to Main Road and Wa…
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The pharmaceutical industry needs a shot in the arm – and not a moment too soon. The executive suite is mired in a bygone era, a time when extensive, well-funded pharmaceutical R&D produced blockbuster drugs, kept everything in-house and reaped the financial rewards. But that way of working needs to change. Executives now need to know what the technologists in their companies are doing in order to survive the next decade. Written for those new to industry, as well as for experienced profession
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Why Aren't Business Schools More Business-Like?
“In every profession,” writes Schumpeter in The Economist, “there are people who fail to practice what they preach: dentists with mouths full of rotten teeth, doctors who smoke 40 a day, accountants who forget to file their tax returns. … Although …
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Design Review: Feb. 19 recap
Twice a month, the city of Birmingham's Design Review Committee convenes to consider plans to make alterations to structures that fall within one of the city's many historic and commercial revitalization districts. This column summarizes recent DRC …
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The Holding Company changing hands after 39 years of business
When he opened it in 1974, the restaurant and bar was the first tenant in Two Embarcadero Center. Embarcadero Centers Three and Four … for us to go relax and smell the roses.” The plan is that the Holding Company would stay open through the transition.
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BlackBerry teases new phone that will 'steal' away iPhone and Android users
In a recent interview to a famous online blog, CEO of BlackBerry said that the company has long faced problems in creativity section and BlackBerry has not provided something out of the box. Because let's face it, gone are the days to act as some big …
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http://mattlloyd.net/go/7gNu Free Webinar: The Business Model that Took this 27 year from making 0/mo to 4900/mo in less than 18 months.
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Top Celebrity Pinterest Accounts
… “Touch” which can be purchased through her personal blog and the MLB official site. Needless to say with the popularity of Pinterest, Milano's uses her account to help market her clothes as well as pin cool ideas on topics like sports to fashion …
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FOOD & WINE Introduces FWx: New Site for Food-Obsessed Millennials
"Younger audiences are consuming and sharing news constantly, so it's with great excitement that we unveil a resource that will connect this passionate group to the kind of engaging lifestyle content they're looking for," said FOOD & WINE Editor-in …
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Quick Bites: Community Palette energy continues with Carmel Arts Alive (plus …
No fewer than 20 artisans—a DJ, a chef, photographers, painters, sculptors, jewelers—presented work, mingled and swapping ideas. There were superb Madeleine and Cuevo Negro wines, … Learn more on the blog. • PS: A little thing called Pebble Beach …
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Paradoxically, developing a business plan is among the most important steps toward creating your business and establishing its credibility, yet many entrepreneurs seem to ignore researching how to develop one. This affects their credibility, hurts their chances of securing funding, and makes it difficult to keep the business on track.
To develop a business plan, you should first consider what your offering, both as-is and in relation to your customers and competitors. What do you offer customers (that your competitors don’t – and, no, it shouldn’t be some meaningless gimmick)? What obstacles exist in bringing the product to market? You must answer those questions.
As a continuation of that, you should also analyze your market. This means finding out what your customers want and how you can reach them. You must provide information about market size, potential market growth, and delivery plans. This should also provide a marketing strategy with detailed information regarding costs. If you are creating a retail business, you should include information about location, including market demographics.
You also need to consider competition, as well as your strengths and weaknesses over them. Find out how to exploit the competitors’ weaknesses, and cope with their strengths. However, be realistic about your prospects and don’t hide information. You’ll only hurt yourself in the end.
Your business plan must also include information about your planned organizational structure. How many employees? How many managers? How many senior personnel? If you have managers, provide information about their experience. Your plan should provide a detailed picture of who’s in charge. Investors want to know that your managers know the industry and your business’s operational procedure.
You should also provide information about manufacturing procedure, as well as any vendor and distributor relationships needed to get the product ready and delivered to the customers.
Provide financial information, including a three-to-five year historical summary and future projections. Of course, if your company is new, you won’t have a three-to-five year history, so just provide what is available. In addition, you should provide information regarding any potential collateral, which can help you secure funding if the numbers don’t help investors feel confident in your business, but be aware that such collateral will be forfeit if the investors are unsatisfied with your company’s performance.
Finally, you need to provide information about company history and objectives.
With this information, you should be able to develop a successful business plan.
Sean Gallagher is an Internet Entrepreneur helping other with developing a business plan that will allow them to start a successful business. You can visit http://www.StartupFreedom.com to learn how to start your online business!
How to Eat Out, Save Money, and Not Fall for Restaurants' Mind Tricks
CRJ3GM Couple examining menus in restaurant couple; examining; menu; restaurant; business; Alamy Restaurants rely on more than ambiance and the … Your wallet and your belly will thank you for having a game plan and sticking to it. Don't Fall For …
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Noodles & Co. opening first eatery in Orlando March 3
New restaurant openings create jobs and offer opportunities for local suppliers, as well as more dining options for nearby residents and businesses. The 2,800-square-foot eatery will seat 84 diners inside and 20 guests on the outdoor patio. The Orlando …
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