Posts Categorized: Business Plan Writing Remove Filter

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Writing Business Plans With Mentors And Advisors

Just as you collaborate with others when running and growing a business, you can, and should, write your business plan with others. The best business plans we’ve seen are the ones that are written with mentors, advisers or collaborators. Facilitating mentorship through collaboration is an integral part of LivePlan. This mentorship helps you write a plan… Read more »

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6 Things to Check Before Submitting Your Business Plan

Writing a business plan is no small feat. Whether you’re presenting to a bank, an angel investor, a venture capitalist, or entering a business plan competition, make sure you double check that you’ve done these six things before sharing your plan with lenders, investors or judges: Did you complete every section? Business plans have a fairly… Read more »

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The Lean Startup: Benefits and Criticisms

The Lean Startup is a business approach that is synonymous with the work of Eric Ries (who has also published a book called The Lean Startup) and Stanford professor Steve Blank. It describes a new approach for startups and prescribes behaviours they should adapt to increase the likelihood that they will succeed. While the concept… Read more »

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Use Your Plan to Better Manage your Business

The problem with “old-school” business plans The knock against the classic business plan document is that it has a short shelf life. You do all this work to produce a “finished” plan, but then things in the real world go differently than you expected, and important parts of your plan become outdated and unhelpful. What’s… Read more »

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How to Keep Your Business Plan Alive

Keeping your business plan alive is critical to the success of your business. Using your business plan as a management tool will guide your decision making and ensure that you stay focused on your goals and objectives. A living plan keeps you and your  team on the same page, helps you track your progress, and… Read more »

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#AskTimBerry: Business Plan Qs and As in 140 characters or less

Need some quick business planning advice? Look no further than Twitter. Our own business planning expert, Tim Berry, is answering questions posed via Twitter using the hashtag #AskTimBerry (or #LivePlanBoost). #businessplan if you tweet me a business plan question with #liveplanboost or #asktimberry I’ll try to answer. — Tim Berry (@Timberry) July 26, 2012 The… Read more »

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2 Tips for “Listening” Online as a Small Business

Having taught several Social Media Boot Camps over the years, the first question I would get from my workshop participants – followed by a firm statement – about utilizing social media was: “How much time does it take to use social media?” “I don’t have any more time in my day for this new media… Read more »

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Free eBook: Perfect Your Elevator Pitch

Many LivePlan customers are writing a business plan because they need to raise investment capital. Are you one of those entrepreneurs? If so – we’ve got a free eBook for you that was written by the founder of our company, Tim Berry.   Tim shares the five steps to delivering a powerful elevator pitch to get… Read more »

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Pitching Your Business vs. Planning Your Business

I feel like recently, as the Lean Startup movement gains more and more traction (I love the Lean Startup principles) and there are more incubators, accelerators, innovation centers, etc. helping startups get off the ground, that I’m hearing more and more this idea: “you don’t need a business plan, you need a great pitch” While… Read more »