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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 article will provide you with a starting point for understanding your financial statements. In it you will find guidelines for the type of information you need and suggestions on how to review it.
When asked about your business, you need to have a quick and compelling answer ready--you need an elevator pitch. This article discusses the important aspects of developing and delivering your elevator pitch.
Whether you are designing marketing campaigns, buying an existing business, or expanding into new markets, information provided through marketing research is essential to making successful decisions.
This article discusses the benefits of having a clear, compelling value proposition and provides guidelines to creating this statement that will compel customers to buy your products or services.
Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.
When developing a budget, it is important to estimate profits annually for the next three years as well as to develop a detailed month-by-month budget of sales, expenses, and cash flow amounts for the same three years.
A business strategy incorporates business and personal goals into a competitive advantage that will successfully carry the business into the future.
During the planning process, entrepreneurs must evaluate their business model to ensure that the current model will support growth.
Compare actual financial figures to your budget at least monthly. You may need to adjust the budget during the year to reflect new information.
Budgeting, forecasting, and projecting mean fundamentally the same thing--estimating future amounts based on information you already know.
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