A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.
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What is the difference for a company between having an exit strategy and designing to be ongoing?
Many companies are started by people who dream of one day drinking pina coladas on the beach after exiting their business in some fashion. Of course many fail to deliver on that dream, and some of ...
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4answers
365 views
What do I Need to Know When Running a Business?
I am currently working at a company in a technical cum slightly managerial position and strongly thinking about starting a technology based company (this can happen in the next one or two years to ...
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4answers
537 views
How to find and target an audience with video games?
People always say before start a business your product has to solve a problem that people have. It seems to me that video games are for entertainment purposes and doesn't this seem a little too broad? ...
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4answers
134 views
Is is legal to use research papers to build a product / service (and you're not the researcher)
pretty much as the title says...
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5answers
437 views
How important is the business plan?
Planning is important
An orthodoxy has developed that a business plan is a critical component of a business. There are lots of business plan contests. Business planning software. There seems to be an ...
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5answers
218 views
Is it normal to get profits only in the 3rd year?
I'm doing a business plan for a web business, and in the financials part, I'm getting this:
Net Profit
Year 1: ($234,788)
Year 2: ($2,361)
Year 3: $251,708
Net Profit/Sales
Year 1: -421%
Year 2: ...
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1answer
272 views
How to sell yourself to investors?
This is a question about methodology for newcomers in the business of lauching firms.
I propose that we list all the things that must be done in order to present a good proposal for potential ...
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10answers
519 views
My business model: helping guys get laid [closed]
I’m entered into a business plan competition at my university and I could use a little inspiration to get my brain juices flowing. If the business plan works out I might even implement it in real ...
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2answers
435 views
Should I include a resume in my business plan?
I am building my business plan and am getting close to completion (well, for the first iteration, you know how things change!)
Should I be including my resume in my business plan? I have started ...
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3answers
127 views
Biz plan was just selected as a semifinalist - need to compress plan to 30 pages from 37
How do you attack compressing your plan? My new startup was recently selected as a semifinalist in a local business plan competition, the money from which would do wonders in terms of getting the ...
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2answers
107 views
Best strategy - attend tech conference vs contact directly business angel
We are working on a software product, in developement with v 1.0 not released yet, but with plenty of specifications for v 1.0 and for the next versions.
Small technical team, low budget.
We're ...
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2answers
216 views
planning a full scale web application
I've been wanting to build a full scale CMS application that will target certain career workflows but the obstacle that has been in my path is that I would need to sit down and fully learn the career ...
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4answers
232 views
What is the one tip you'd give to a new startup leader?
Lots of people give lots of advice to startup leaders.
What's the one single best piece of advice you'd give to a leader of a start up? Business plan is written, LLC is formed, initial funding ...
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5answers
1k views
How to validate startup idea w/o giving it away?
My current startup has stabilized and is running pretty much on cruise-control... What is interesting, however, is that as I was looking to provide an additional service to my potential customers, I ...
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3answers
267 views
In what ways I should/ can protect my rights before divulging my business idea or related information to anyone?
I am in the process of creating a web based start-up which is about a web-portal/application.
In what ways I should/ can protect my rights before divulging my business idea or related information to ...
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7answers
125 views
What services have people used to assist them in writing their business plan?
What services have people used to assist them in writing their business plan?
What costs have been associated with these services?
Was it a face to face meeting or strictly online/ over the phone ...
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3answers
368 views
How to plan exit
I have an idea in global commerce area and I am trying to develop it to a software product.
I shared my thoughts with several experts and got their positive feedback.
Currently, I am working on a ...
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4answers
568 views
What are the most important personal qualities to start up and succeed in new business
I am a developer, and I've launched and failed once before some time back. I am still analyzing all the reasons our start up didn't take off (we were 4 developers). I wanted to learn from the ...
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3answers
468 views
How to send a business proposal to designing a website?
After researching a lot my team came up with a number of educational organisations those do not have their own websites. We primarily design websites of all kinds.
So we have decided to send all of ...
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3answers
401 views
Design Firm for Entrepreneurs. How can I find my first customers?
Thanks for reading!
I am making plans to start a small consultancy with a focus on design & creative solutions for entrepreneurs and start-up companies… Services like product design, package ...
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1answer
720 views
How do you produce an accurate financial forecast?
1) Our company is asked to produce a financial forecast, but how do you do this? normally you will use data from similar businesses in the same industry. Ok but how can we do this when our business ...
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2answers
424 views
In a standard business plan, how do you cite statistics when describing your market?
I am in the process of writing up my business plan for my startup. When describing your market, do you use statistics? If so, how do you cite those statistics?
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3answers
311 views
Need a ballpark figure! How much will a EULA cost me?
I'm working on a tech startup and trying to make some rough financial forecasts. Has anyone ever hired a lawyer to draw up an EULA for a web app (we are hoping to sell skinned, customized versions of ...
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1answer
383 views
Fair method to divide shares in a new business venture
I recently came up with an idea for some protective equipment for pro athletes. Discussed it with 2 friends (one is an engineer with lots of experience in developing products and the other has some ...
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7answers
398 views
My Entrepreneurial Spirit
So it comes down to this. I'm not suited to work for someone. I have had an extreme entrepreneurial spirit for as far as I can remember. I need to be doing my own thing, calling my own shots, and ...
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2answers
433 views
Where can you find the most comprehensive excel Accounting P&L case for a startup business?
Where can you find the most comprehensive excel business case for startups?
This questions is more specific than what it looks. I have been looking for a detail business case excel template for a ...
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3answers
553 views
Is there any business model for Chrome or Firefox addons?
I want develop pretty advanced add-on for Chrome (and later for Firefox). I plan to sell it. And i am sure users will pay. But i have some apprehensions. There no add-ons in chrome or firefox add-ons ...
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3answers
223 views
Look and feel of business plan
How important do you think is the graphics and font selection when writing a business plan and or marketing materials for investors.
What conventions should one follow?
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4answers
692 views
Step by step list for a tech startup
Are there any resources that provide the different steps needed to create a tech startup. Something along the line of:
Set up legal structure
Choose a domain name
Choose a hosting provider
Set up ...
6
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7answers
686 views
How complete should my business plan be before I approach investors?
I know there are a number of business plan questions already, but my question applies to a specific aspect of the process.
As my partners and I are researching and developing our plan, I've been ...
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3answers
573 views
How to introduce an Upscale Nightclub business to a sleeping community
My partners and I are thinking of opening a nightclub in a newly growing community where everything basically close down at 8:00 p.m., How would I prepare a marketing & feasibility study to find ...
3
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7answers
1k views
What do I need to convince people to invest in this company and how do I determine the initial investment?
I am planning for a company. The company will build a university. The company has a plan of 10 years to build the university and make it functional.
What I need now is investment. The question is how ...
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2answers
843 views
How to project sales in the development stage?
Happy New Year!
I am beginning to write a business plan for a future startup based on an innovative software technology I developed. An actual product is still in development.
I am using a dedicated ...
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3answers
160 views
Establish a business or continue as a freelancer?
I have been working as a freelancer from 5 years (from first sem of my graduation) for various domains (mostly ERP's for textile industries and Graphics software for the same). Now I am about to ...
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8answers
2k views
Where have you found inspiration for a business idea?
I've found myself interested in starting a business for a long time now. Every now and again I come up with a promising idea, but after a few hours of running numbers in a spreadsheet or few ...
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1answer
103 views
A gaming network forum and site
I am currently in the process of creating a gaming network, but there are 2 things I'm wondering about.
If I were to run multiple games, is it generally a good idea to give every game it's own ...
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1answer
76 views
Does “marketplace” business have a bad rep?
I noticed that talking to people about so called "marketplace" business (bringing together different groups with complementing needs) ideas gets a lot of people excited, but it seem to quickly turn ...
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2answers
1k views
I'm in need of a business plan for Mobile App! Also contracts for revenue-shared business!
My developer asks for a business plan for Mobile Apps? We would be partners in it sharing profits!
What kind of business plan do i need? Also maybe you could provide samples of a revenue sharing ...
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2answers
74 views
Ideas and experinces on startups in casino areas?
Recently, my home town located on the border between Greece and Macedonia (small town 20K citizens) is getting more new casinos (currently 3 average large 5 stars hotel casinos and 5 small electronic ...
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6answers
337 views
Where can one post a business plan for review?
We would like to ask for help in reviewing our plan. Not for viability of the business model but rather for clarity in explaining the plan. Does this function exist on this site? If not does anyone ...
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2answers
136 views
What is My Business Worth?
I have recently approached my business partner with a request to buy out his membership in our LLC. His involvement as of late is declining and a buy out was something we had planned on from day 1. I ...
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1answer
133 views
Indemnification Clause for Social Network?
I am starting a new social network that is geared toward a specific niche market. In my endeavor I will need the support and backing (not monetarily) of several industry leading manufacturers. At the ...
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3answers
766 views
6-month budget for a startup?
I'm finally at the stage where it's time to stop coding for 12 hours a day and it's time to raise capital - I've been approached by an angel investor who asked for a 6 month budget.
The project is a ...
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3answers
247 views
What should be our next steps?
We are a small startup mobile app company. We have successfully completed our business plan; we know what direction we want to take - however we don't know what our next steps should be. We need ...
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3answers
331 views
How do I convince a client to use a computerised accounting system?
This is marketing question but don't know where to ask it.
My possible client is relying in traditional manual accounting system. I want to convince him to use acomputerised accounting system.
As an ...
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2answers
101 views
Talking to the head office
So as I said in my business idea. We will let users "buy" items using virtual credits, which they can earn in contests and from other activities. Again, people in the area like the idea, and some ...
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1answer
75 views
Will my relocation greatly affect my business? My business fields are language interpretation, real estate market, travel market, internationanl trade market [closed]
I am building my own business and tentatively I will go into business interpretation, real estate market, travel market, and international trade market. I am trilingual and I like to travel around the ...
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3answers
138 views
How can I align my business with my life goals?
These things I am bothered by my business. You know, every one of us needs to make money. I decide to do it by creating my own business and preparing to do investment. I want to live around developed ...
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3answers
175 views
Certain law firms offer flat rates for boilerplate startup legal? Does anyone have any experience or advice?
I'm ready to go to the lawyer and have my NDA looked over and my PIA. I want to do it with a reputable firm in the Silicon Valley area. Any thoughts?
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2answers
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Need some input, help and criticism from the experts
how are you doing?
This is my first thread here, hoping to get some nice input from the experts on this site.
Let me tell you a bit about our startup:
We began developing our web-app about 12 months ...
