7 Goals to Consider in Your Business Planning

What are the possible effects if there is no business planning? It is hard to hit a target you don’t set and business planning determines goals with the tasks and initiatives that need to be met to achieve the goal. Every company should set some strategic/growth goals...

How to Have Strategic Planning Sessions

How do you prepare a strategic planning session? HOW TO HAVE STRATEGIC PLANNING SESSIONS Have ONE singular objective/outcome you want from this meeting Have smart, helpful people in the meeting Collaboration is critical so encourage ideas from the group Accountability...

What to Include in a Franchise Business Plan

What should I include in a business plan of a franchise? Many items in a traditional business plan will be provided by your franchise such as competition information, marketing, and what you will need to open and operate. What I would focus on is whether buying a...

How to Make a Business Partnership Work

What question do you have about how to get along with your co-founder? HOW TO MAKE A BUSINESS PARTNERSHIP WORK You and your co-founder are married in business so it’s a long term commitment. Remember why you partnered in the first place. Reignite the passion you...

Will an MBA Help You Build a Small Business?

Will an MBA from a top school help me if I want to be a small business owner/franchisee? Obviously, if you have an MBA it shows you have the discipline to not only attend school but to stick with it but other than that I do not believe it will dictate whether you...

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