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How to Create an Investor-Ready Personnel Plan and Forecast Employee Costs
If your business is going to have employees, you need to create a personnel plan and forecast as part of your business plan. Here’s how to do it.
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If your business is going to have employees, you need to create a personnel plan and forecast as part of your business plan. Here’s how to do it.
Defining your business model is the final step in Lean Planning. In short, it’s how your business will make money. Learn how to define your business model.
Understanding your customers is the key to success—which is where market analysis applies. Here’s a process to get to know your customers in 4 simple steps.
The third step in lean planning is to use the milestones technique to create a roadmap for your business to help you implement your strategy.
Your Lean Plan needs strategy, but even a great strategy is useless without tactics. Tactics are the things that you actually do to make your business work. Tactics are your road map—and here’s how to develop them.
Fail to develop a solid business strategy, and your new venture will likely not be successful. Here’s how to complete this first step of the Lean Planning process.
Our step-by-step guide to Lean Planning will show you how to create a living business plan, that you can update and expand as you grow your business.
(latest update: April 6, 2020) There is a good chance that you, like many small business owners, are wondering how the financial fallout of the coronavirus (COVID-19), will impact your business. For many, it isn’t just a question of lost sales, but uncertainty around how to best protect your livelihood, support your employees and manage […]
Budgets and Forecasts are vital components that inform your business planning and strategy. Learn about the key differences and how to use each effectively.
TAM, SAM, SOM—have you heard these acronyms and wondered what they actually mean? Here’s a breakdown, plus how they apply to your business (with examples).