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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
This tool will help you identify areas in your plan that need additional atttention before it is complete.
Lately it seems as if the term “business plan” has become synonymous with the entrepreneurship education initiatives that have sprung up on nearly every college campus and small business development center in the country.
Business plan competitions, business plan writing clinics, business planning software, business...
Effective business planning is critical to an entrepreneurial company's long-term success and its ability to raise capital and grow successfully. A properly prepared Business Plan should tell a story, make an argument and conservatively predict the future. All companies have different stories to tell, different arguments to make and different futures to predict, so they must resist the temptation to copy from others or to follow a rigid outline.
The business strategy should be refined on a regular basis, at least annually, to incorporate changes that keep your business on its growth track.
This tool can be used by the entrepreneur throughout the planning process to evaluate the business strategy's compatibility with the overall plan for growth.
Interested in getting your fledgling business into a business incubator? That’s fine – even commendable – but just make sure you do your due diligence first.
Entrepreneurship is flourishing on campuses around the country. In classrooms and through co-curricular programs and competitions, students on diverse campuses, at universities large and small, representing disciplines across the spectrum, have the opportunity to understand the role of entrepreneurship in the economy, explore innovation, test their own ideas, and learn what they need to know to be entrepreneurs.
In a venture funding climate seeking large returns, thousands of potentially successful entrepreneurial startups can't get the financing they need to make a difference in the economy and in the culture. The problem isn't a new one, but it is a damaging one.
This article presents a discussion of how ownership can be distributed in a company, first considering equity allocation when starting a company and then examining the amount and effect of dilution that might be caused by accepting outside financing.
Knowing how to work the system gives you control over one of the most important issues concerning your business: the ability to handle your cash. Whether you're black or white, whether you're running a freshly funded business or a proven establishment, cash flow matters. The publisher of Black Enterprise shares what he's learned about diligent cash-flow management during three decades in the magazine business.
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