Sales Projections

Your budget will provide a picture of how much you're spending and in which areas you're exceeding your projected limits.

The Operational Strategies section of a business plan describes a business's operations. It includes plans for ordering, storing, selling and producing.

Learn about the three principal types of financial statements: the income statement, balance sheet, and cash flow statement.

While the loan approval process may seem excessively long, there are ways you can expedite it.

To their great surprise, prospective franchisees often can’t get an answer to the most basic investment questions: How much money does the average franchisee make, and how much money can I expect to...

Anytime you offer something for free, sales will increase. Here are ways to offer free shipping without losing money.

In just 60 seconds, we'll show you how to develop a strategy for managing the long-term growth of your business.

This task of writing a business plan can be agonizing to some entrepreneurs and liberating for others.

Do you take on too much? Do you love the thrill of rushing to complete a deadline? You may have a problem. Read our guide to abandoning adrenaline and becoming better at your...

Learn how sales projections can help improve your business's cash flow.

When following up with prospects, it's important to uderstand how to turn an inquiry into interest.

The Sales and Marketing section addresses sales tactics, pricing, advertising, and an overall marketing plan. Your sales and marketing strategies need to coincide with your overall company goals and vision.

Gone are the dot-com days of inflated valuations based on little more than industry buzz and market projections. Instead, companies need to prove a healthy financial outlook. There are different criteria for a...

Once you have completed your business plan, go back and review your work. Remember, writing your business plan is a significant step in making your small business concept a reality.

A solid financial plan should always be included within any business plan. Plans for financing the business today and allowing for future growth should be outlined in addition to ongoing operational needs. Before...

Business plans range from 20 to 50 pages in length, but, typically, they all contain the same sections. You’ll find detailed overviews of what to include within each section by looking at sample...

Your marketing section will outline your overall marketing plan, which includes three key areas: Pricing, sales strategies, and advertising and promotion. Pricing: Pricing needs to be carefully determined to be in line with...

The Federal Trade Commission (FTC) has strict requirements for franchisors about how they can present earnings statements to franchisees.

Whether you are seeking funding from investors or putting a business plan together as a blueprint for managing and monitoring your business, it is imperative that you make financial projections. Such financial projections...