Choose between a detailed traditional business plan or a lean startup version that prioritizes flexibility. A strong business ...

For a small business to succeed, it must offer products and services that provide superior benefits when customers compare them side-by-side to the benefits provided by competitors' products or ...

Did you know that a recent survey of new business owners revealed that less than 25 percent of the 250 owners surveyed had created a business plan for their new venture? When asked why they hadn’t ...

Consulting firms earn revenues from fees charged to clients. These can be hourly fees or fees paid on a per project basis. A consulting firm is not a capital intensive business to start. The ...

"Without a plan, even the most brilliant business can get lost. You need to have goals, create milestones and have a strategy in place to set yourself up for success" (Yogi Berra, American ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. David ...

Choosing a banker is like choosing a good doctor. You want someone who is knowledgeable, experienced, personable and interested. One of the biggest challenges a business owner faces is knowing when to ...