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The LivePlan Blog

My Business Plan Is Finished—Now What?
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My Business Plan Is Finished—Now What?

Congratulations—you put a lot of research and thought into writing your business plan, and it’s finally finished! But now what? Here’s what to do once your business plan is finished—and how to turn that finished business plan into strong business management habits.

What Is Cash Flow?
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What Is Cash Flow?

Cash flow is critical to running a business. Without money in your bank account, you can’t pay your bills. Find out how to calculate and improve operating cash flow.

Have a Bloated Sales Pipeline? Here’s the Remedy
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Have a Bloated Sales Pipeline? Here’s the Remedy

Do you have potential sales stuck in limbo? The underlying problem often isn’t what you might assume. It’s not that you or your team aren’t turning prospects into clients—it’s that your process allows too much bloat in the sales pipeline.

Profit Margin: What It Is and How to Calculate It
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Profit Margin: What It Is and How to Calculate It

Profit margin (also called operating margin) shows how much profit your business makes on every dollar of sales, before paying interest payments or taxes. It is usually expressed as a percentage. Here’s why it matters, and how to calculate the profit margin for your business.

What Is Net Profit?
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What Is Net Profit?

Net profit is the proverbial bottom line of your business. This guide will show you how to calculate your net profit, and what you should know about how it impacts your business overall.

Set Tactics to Execute Strategy
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Set Tactics to Execute Strategy

Strategy is useless without tactics for execution. The plan was brilliant on the whiteboard, but never got to the real world. What happened? Don’t leave that whiteboard without developing key tactics.