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Business Planning
The 5 C's: Building Blocks of Business Planning
When you take away the fancy headings and complicated outlines, all business plans cover essentially the same topics: Concept, Capacity, Customers, Competition and Cashflow. No matter what format you follow (or even if you create your own) your business plan should address these 5 C's.
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Staying Afloat During Start-Up
Worried about covering your living expenses while you wait for your business to generate income? Most small businesses find that it takes one to three years to turn a profit. What do you do in the mean time? Before you quit your day job, consider these low-risk entry strategies to help you get your business off the ground (while still managing to put food on the table).
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