To get the best information possible, we interviewed a variety of small business owners/business plan experts. Here are the 5 common business plan pitfalls they identified and what they had to say about avoiding them.
Earlier this year I reviewed submissions on more than 30 businesses for our angel investment group in two days. Yes, I was cramming! No, I didn't read the business plans, just the summaries. So here's what I saw about business plans, summaries, and angel investors.
Business plans can attract new investors to your idea, or they can serve as an excellent platform if you're seeking grants. No matter what your eventual goals are, having a solid business plan is absolutely essential.
NFTE business plan competition finals grow all the more selective as four from the original cohort of 39 young entrepreneurs move on to last round.
Part V, The Road to Nationals: How NFTE Graduates Around the Country Are Getting Ready for October 3
We're almost there -- October 3rd, when 39 students representing 35 businesses from around the country will contend for top honors and for the chance to win over $25,000 in cash and prizes from Mastercard to help bring their business ideas to life or advance their education.
Part IV, The Road to Nationals: How NFTE Graduates Around the Country Are Getting Ready for October 3
Students will gather from all corners of the country for the competition and the southeastern region will be represented by student entrepreneurs dealing in everything from web design to fashion to software.
What's the point of a business plan if you can't seem to get your startup off the ground? If you find your company struggling, you might end up throwing that business plan out the window anyhow.
Many graduates, burdened by debt, are questioning what they should do next. Some are now thinking about creating their own business. So, the challenge is, how does anyone with an idea and a dream get the training and funding needed?