Business Plan Help Guides and Resources

Business Plan Help Guides

How do I choose a name for my business?

When completing your articles of incorporation you will need to indicate a unique name for your business. The name should not lead consumers to confuse your business with another business already in existence, especially if that business operates in the same region or industry in which you plan to conduct business. Best practice is to shortlist your...

What Does It Mean to be an Entrepreneur?

Say the name Walt Disney and almost everyone today will recognize it. On July 17, 1955, his dream of owning his own amusement park came true when Disneyland in Anaheim opened its doors for business. During his lifetime, Disney won 22 Academy Awards for his animated films. Currently, his production company has won 32 Oscars and been nominated for 59....

Everything Entrepreneurs Need to Know about Non-Disclosure Agreements

Do you think you need a non-disclosure agreement (NDA) to protect your business ideas? Do you or a business partner want one in place before you team up? You may find that not everyone is excited about or willing to sign an NDA. To understand why, you need to understand how NDAs work along with what happens if someone violates an NDA. What Is a Non-...

Succession Planning: What Owners of Small Businesses Need to Know

You have probably heard about using a will or other estate planning tool to protect your family, but what about your business? Small businesses rely heavily on their owners, and the unexpected death of a business partner could leave a key role unfilled. Without a succession plan in place stating who should take over, the business may be at risk of c...

What to Look For in a Business Loan

If you are a business owner, or planning on starting a new business, then at some time during the life of your business you will likely need a loan. Whether the funds are needed to pay for your startup costs, to finance an expansion of your business, invest in inventory, buy new equipment, or for any other reason, there are many options for you. Vie...

How Various Companies Are Using Technology to Help Businesses

Technology now impacts all aspects of our lives. It should come as no surprise that technology has also had a positive impact on business. In fact, there are many technologies that have already changed the face of business as well as some that......

Cash Accounting vs. Accrual Accounting

When you start a new business, you need to make a lot of important decisions. One of those decisions is whether to use the cash or accrual method (or basis) of accounting. There are some important distinctions that could impact your business......

HR and Benefits for Your Small Business: What You Should Consider

As a small business owner, if you have employees then you know that they are interested in what you have to offer in terms of benefits. Not only do your employees want these benefit options, but the right benefits packages can also attract......

How to Close a Business

Whether you are drowning in debt or simply ready to retire or move on to other projects, closing your business can free up your time and money and allow you to focus on something new. Closing your business the right way does take time, and you......

Venture Capital Financing: What Is It and Is It Right for You?

There are many different ways that you can fund a business. If you do not have your own money to fund the entire business, or even any of the business, venture capital may be a great option for you to consider. What Is Venture Capital? Venture......