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The LivePlan Blog

Posts Categorized: Planning Remove Filter

Posted December 31, 2020 By Leslie Gilmour

Business Vision Setting — The Source of Clear Goals

If you’re struggling to set effective business goals, it may be time to reevaluate your personal and professional vision. Here’s how.

Posted September 23, 2020 By Fred Schebesta

How to Research and Successfully Break Into New Markets

As your business grows, you may be looking to break into new markets. For that, you need to do market research. Here’s how to approach the research process.

Posted September 15, 2020 By Anthony St. Clair

How Data Can Drive Your Revenue and Growth Strategy

Big data is more important than ever. Luckily, it’s also more accessible than ever—all business owners can access free and low-cost tools to track metrics easily.

Posted August 26, 2020 By Noah Parsons

Monthly Balance Sheet Review Process — How-to Guide

A key part of your monthly financial review meeting is taking a look at your balance sheet. Here’s how you can analyze it in just a few minutes.

Posted July 30, 2020 By Noah Parsons

What Are Direct Costs? Cost of Goods Sold Explained

Direct costs or cost of goods sold are expenses attributed to the production of a product or service. Learn why this is vital for growing your business.

Posted July 7, 2020 By Noah Parsons

How to Read and Understand Your Income Statement (Profit and Loss)

Your profit and loss statement is the first financial information that investors and bankers will look at in your plan. Here’s a rundown of what the numbers mean.

Posted June 18, 2020 By Noah Parsons

How to Build a Business Model

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.

Posted June 11, 2020 By Noah Parsons

How to Use Milestones to Create a Roadmap for Your Business

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.

Posted June 4, 2020 By Noah Parsons

How Tactics Support your Business 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.

Posted June 2, 2020 By Lauren McHolm

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