Limited Time Offer:

Save Up to 25% on LivePlan today

The LivePlan Blog

Posts Categorized: Planning Remove Filter

Posted May 12, 2020 By Harriet Genever

How to Deal With Industry Competition

Your business will always have competition. But, don’t worry—that’s a good thing. Here’s how to use industry competition as a chance to grow and improve.

Posted February 27, 2020 By Caroline Cummings

The Importance of TAM, SAM, and SOM in Your Business Plan

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).

Posted January 23, 2020 By Alison Gutterman

Thinking of Acquiring a New Brand? These 3 Lessons Will Get You Through It

As innovative as your team may be, your next superstar product line may not come from internal sources. Read on to learn how to acquire a new brand.

Posted September 11, 2019 By Noah Parsons

Tracking Metrics Makes You 2x More Likely to Reach Your Goals

We all set goals in our personal lives, but in business, we’re not always as goal-focused. How can we actually track and reach our business goals?

Posted June 5, 2019 By Sabrina Parsons

How Small Businesses Can Make Big Financial Decisions Better

If you’re trying to grow your business, you need to spend money. But, you’ll want to weigh any decisions carefully against the opportunity. Here’s what to keep in mind.

Posted May 30, 2019 By Caroline Cummings

Minimum Viable Partnerships: A Lean Startup Approach

The MVP approach to business partnerships means prioritizing strategic alignment and starting with smaller tests to validate the benefits of the partnership before you go all in.

Posted May 16, 2019 By Noah Parsons

A Fast and Easy Way to Build an Expense Budget

Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.

Posted February 28, 2019 By Jeff Winters

Your Buyer Persona Can Help You Connect Authentically With Prospects

Mass communication, and even personalized communication, isn’t going to foster true connection with your customers. The key to authentic connection? Relevant communication. Learn the key difference between personalized and relevant communication, and how to create it within your business.

Posted January 31, 2019 By Noah Parsons

What Is a Balance Sheet, and How Do You Read It?

The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s why the balance sheet matters, and how to read and create one.

Posted January 17, 2019 By Diane Gilleland

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.