Explore the intricacies of crafting a small business financial plan, from setting clear objectives and forecasting revenue to ...

Planning for an ownership transition should be a standard part of every owner’s business plan, no matter the stage of your ...

A traditional business plan covers a wide range of topics necessary for a company to obtain financing, make future projections and effectively market to customers. Business plans are designed to speak ...

Great business leaders understand that the concept of planning your business strategies, marketing and execution help create a clear roadmap for success. It is possible to succeed without in-depth ...

There are many different kinds of small business owners in all stages of their business. Some have just started putting their ideas into action in a startup, while others are in the growth stage or ...

Opinions expressed by Entrepreneur contributors are their own. I’m a baby boomer, born in 1948. I’ve seen recessions before. I was job hunting during the recession of 1971. My wife and I were deeply ...

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...

Planning an exit strategy for a company takes a psychological step before a financial one and there are many potential pitfalls for an owner seeking to build a succession plan.

Business planning in the modern sense has a fairly long history. Henry Mintzberg, in The Rise and Fall of Strategic Planning, pointed out that business planning with modern characteristics (10-year ...