Business plan write-up: How to write a Business Plan

  Business plan write-up: Before starting a business, you'll need a plan, a roadmap taking you on the straightest fastest route to where you want to go. There are many sections we will go over in this article. Business plan write-up, The sections of your business plan: your Business plan will include six sections and will help you think through your business idea making sure you've covered all the angles and eventualities. Business plan write-up: Executive summary Before you begin, the first section is the executive summary presenting an overview of your business. This section is vital as many investors make judgments about your business based on it alone. A great tip is to leave the section until last to right. Once you've written the others, you'll find it easier to do as it will be a summary of the key points you make in other sections. Therefore, you need to start with your business details. Provide a short description of who you are and what you plan to sell, …
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TurboTax Review 2017 – A Great Option In 2018

TurboTax Review 2017: Hey guys, it's Robert from the College Investor here and I am excited to dive into Turbo Tax 2017. We are going to dive in and do a mock tax return today and talk about a little bit about Turbo Tax and why we like it so much. TurboTax Review 2017: Honestly, Turbo Tax is always a standout when it comes to tax filing software, and this year is no different. The big thing with Turbo Tax though, is that if you qualify for the free version, they do put some limitations on what you can do and that's the only reason why we actually rank Turbo Tax as our number two favorite tax software this year. H & R Block does edge them out and you can read, or see more about that, read more about that in our H & R Block video and our H & R Block review, but we're talking about Turbo Tax today and how awesome it is. Here we are on their home screen, and you can see that Turbo Tax has four different versions. TurboTax Review 2017: More options with TurboTax Tur…
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The Executive Summary of a Business Plan

The executive summary is the first part of a business plan. It is the most important section as it gives a general overview of the business. It is the part that tells the reader about the vision of the company. So let’s get to it! The executive summary, as previously stated, is probably the most critical aspect of a business plan. This is the section that will briefly tell your reader about the current state of  your company and where you are planning to take it in a year, 5 years, 10 years or more. The executive summary should convince your reader about the potential success of your business idea. Importantly, this is the section that may grab the attention of a lender or a potential investor. So you really need your executive summary to grab people’s attention.I f you are seeking financing, the executive summary is also your first opportunity to grab a potential investor’s interest. The executive summary must underscore  the principal strengths of your business. Hence,…
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The Entrepreneurship mindset

The entrepreneurship mindset is a key feature of business success. It is true that the idea of starting your own business is, in itself,  quite exciting and rewarding. Entrepreneurship mindset is key: To actually implement a business idea is not easy. Successful entrepreneurship requires careful planning, discipline, and hard work. How can one argues against the advantages of being one’s own boss, the ability to set one’s own schedule and to pursue one’s passion.To become a successful entrepreneur, there are certain characteristics and skills one must have. Some of them are outlined as follows: Risk taking: Taking risk is one of the important features of entrepreneurship. So you must feel comfortable in taking decisions that are risky, but you have to distinguish between reasonably risky and reckless decisions. AS you know, making tough  decisions is one of the perks/features of being your own boss.   Building a business includes a great deal of uncertainty. …
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