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Business Plan Help Guides

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......
Naming Your Business: Corporate Names, Fictitious Names, and DBAs
If you are just starting your business, or even just considering getting started, developing a name for your venture is likely high on your to-do list. The business’ name will be an important part of the company. It is likely a decision that......
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......
HR Business Plan: What Is It and Why Do You Need It?
As a business owner, it is not enough to only have a business plan in place. In order to have a business run smoothly from top to bottom, every department must have a business plan. One of the first departments to focus on is the Human......
Preparing Your Business for Natural Disaster
Hurricane Harvey tore through Texas just a short time before Irma made landfall in Florida. Just weeks later, wildfires ravaged some of the most beautiful parts of California. Each of these natural disasters caused plenty of damage to......
5 Critical Business Licenses and Why They Are Essential
You have conducted extensive market research, drafted your business plan, completed a variety of legal documents, and finalized your mission statement. Your business is ready to open and thrive—or is it? Entrepreneurism is, at its core,......
How Your Business Can Survive and Dominate in the Startup Phase
Startups have long held a certain mystique in American culture, capturing the entrepreneurial drive and innovation responsible for our many economic and technological successes. Startup companies drive innovation and shake up otherwise......
Anatomy of a Business Plan: 15 Tips for Writing a Plan That Leads to Success
If you are starting a new business or restructuring a business you already own, then one of your most important tasks is writing a business plan. By breaking down what you must do to find financing, comply with legal requirements, create......