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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
The questions in this tool will help entrepreneurs evaluate their business's environment, including the industry, competition, and market.
In addition to reporting the amount of assets, liabilities, and equity held by the company, the Balance Sheet can help entrepreneurs understand the company's means available to create future profits.
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.
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 will help you identify areas in your plan that need additional atttention before it is complete.
This article discusses the advantages and disadvantages of obtaining needed cash through external sources. It also discusses specific sources that typically contribute cash.
Alec Dingee, Chairman and Co-Founder of MIT Mentoring Services shares his insight to how investor's view the current economic climate. Review his research: 2009 is a period of historic economic turmoil and uncertainty. The Bad News: Investors Hate Uncertainty.
Review this sample Cash Flow Report and Cash Flow Statement for this year old business to understand the primary differences in these two reports and the value in using them in reporting financial information.
Along with this sample Income Statement for a year old business, this tool provides a line-by-line explanation of the most common categories used to report profits.
Just as with hiring internal managers and staff, using external support requires careful planning and selection. Before you select a consultant or contractor, determine your budget, scope of work, timeline, measures for success, and other resources available to support the people who will do the work. Use this worksheet to help you think through important issues and to guide you in the selection process.
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