Founder & Chairman of Palo Alto Software. Entrepreneur, blogger, believes in lean business planning. (@leanbizplan). Stanford MBA. Father ofRead more
What if your lender rejects your loan application? You’re not alone. Banks reject 73% of business...
Many small businesses are turning to customer relationship management systems(CRM) to better...
Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also...
With restaurants, as with most businesses, there is no single right way to do a sales forecast. The...
Business owners are often afraid to forecast sales. But, you shouldn’t be. Because you can...
During a business crisis, change comes at you fast. Meaning that good business planning is crucial...
What will it cost to start your business? It’s hard to know for sure. But accurately estimating...
Cash is king. You’ve heard it before, but do you know what it really means? I learned how to manage...
As I write this, during the worst pandemic in 100 years, in the grips of a severe economic slowdown...
I’ve had a 30-year love-hate relationship with mission statements. I’ve read thousands. I love it...
A good cash flow forecast might be the most important single piece of a business plan. All the...
Clearly, doing market analysis in a crisis involves some serious challenges. Suddenly all of our...
We used to call it “what-if” but today it’s known as “scenario analysis.” It’s been a favorite...
What is an executive summary? An executive summary is a brief introduction and summary of your...
The effects of the coronavirus on your business is likely all you’ve been able to think about over...
As I write this, we are neck-deep in the COVID-19 pandemic and the economic crisis that comes with...
There are many reasons why every company should have a business plan, but not every business needs...
Cash is king and all business owners know it. Research “causes of business failure” and lack of...
Don’t make your business plan longer than necessary, and think about the reason you’re writing the...
Working on writing your business plan and looking for some tools or resources to make it easier?...