As a startup entrepreneur, you’ve likely heard and seen the terms “business model” and “business plan” in conversation and online.
While they sound nearly the same, they’re distinctive in their structures and purposes. 443 more words
Whether you are in start-up or growth mode, as an entrepreneur or business owner your aim will be the same; increase profits and reduce expenses. Therefore, it is always a wise strategy to consider, analyse and monitor all overhead costs, especially the ones that reoccur on a regular basis, as they can amount to a significant sum over time. 246 more words
The written business plan is an important part of building a new venture. While all businesses can benefit from some type of written plan, entrepreneurs seeking financing through formal funding programs will have their plan scrutinized by readers as bankers and panellists work to make their funding decisions. 457 more words