October 7, 2015
by dl106040
Comments Off on Setting Up The Company
First I would like the mention that there is no one “best” form of ownership. All companies start small, but as to whether you want to start it yourself or with partners is your choice of course. To find out what type ownership suits you, there are a couple of factors one must consider before … Continue reading Setting Up The Company Continue reading
October 7, 2015
by dl106040
Comments Off on Why Do Business Plans Fail?
To investors, finding a successful business plan is like trying to look for a needle in a haystack. Even if a good business plans come around, would you be willing to risk an investment just for the word “good”? Therefore, many investors look for the best, and if it is not intriguing enough for them, … Continue reading Why Do Business Plans Fail? Continue reading
October 7, 2015
by JIAWEN WU
Comments Off on Setting Up the Company
There are three most important factors to consider before choosing form of ownership for your company, Company Size – how big you want to grow your company Tax Consideration – avoid unnecessary cost Risk and Return – how much risk you want to take and how much return you expect to get also help you […] Continue reading
October 7, 2015
by Daniel Kvist
Comments Off on Setting Up The Company
What are the factors in deciding what form of ownership is best suited for the potential business? When you start a business, you must decide whether it will be a sole proprietorship, partnership, corporation, or limited liability company (LLC). Which of these forms is right for your business depends on the type of business you … Continue reading Setting Up The Company → Continue reading
October 5, 2015
by JIAWEN WU
Comments Off on Why Do Business Plans Fail?
Business plans fail for thousands of reasons when you test them in the real world. However, when you really look at them and try to summarize those reasons, there are probably only few main reasons that why they failed. You don’t understand your own products/services/team enough. In this scenario, you will most likely end up […] Continue reading
September 30, 2015
by na134373
Comments Off on Chapter#4&5: WHY DO BUSINESS PLANS FAIL?
Writing a business plan is so important for a business because it serves as a design for building a successful company. There are many reasons why business plans fail; however, I found some that to me are really important to take in consideration when designing a business plan. For example, a lot business plans do […] Continue reading
September 30, 2015
by Ria Zouroudis
Comments Off on Why Business Plans Fail?
I believe that a business plan should be built on 6 element. These 6 elements are company culture, structure, strategy, skills, systems and finally a budget. It starts off with the company culture. This is what the company believes in and the values it is based on. It helps to make decisions on what is […] Continue reading
September 30, 2015
by Daniel Kvist
Comments Off on Why Most Business Plans Fail
To make my point as clear as possible, I’ve decided to attack this question from a different angle. When my sister was getting married, there were a lot of things she and her fiancé had to consider. Building a business plan is sort of the same as building your wedding, so think about business planning … Continue reading Why Most Business Plans Fail → Continue reading
September 30, 2015
by f.fernandezdenavarr
Comments Off on Why do business plans fails?
In my opinion there is no right answer for this question, since it is a question that every entrepreneur face some day and only a few get a succesfull answer for it. However, I am going to mention what for me are the key points for a succesfull business plan. First of all, the business … Continue reading Why do business plans fails? → Continue reading
September 30, 2015
by m.teyangtatah
Comments Off on Why do business plans fail?
A business plan is a twenty-five to forty-page written document that describes where a business is heading, how it hopes to achieve its goals and objectives, who is involved in the venture, why its product(s) or service(s) are needed in the marketplace, and what it will take to accomplish the business aims. There are three … Continue reading Why do business plans fail? → Continue reading