December is National Write a Business Plan month. Business plans are popular discussion topics when it comes to starting a business or doing something entrepreneurial. If a prospective business owner is serious about taking a risk and making the leap into an entrepreneurial endeavor, he or she should take time and focus on producing a solid, well-written, and well thought-out business plan. What should be in the business plan? Here’s what Forbes Magazine suggests: [Read more…]
Business Planning Basics
A business plan is a document that describes your business and the future of your business. The business plan tells what you plan to do and how you plan to do it. Completing the business planning process can be the difference between success and failure, between obtaining financing and being denied, between growing your business and floundering, or between knowing your competition and owning your competition. Think of the business plan as a road map for your business. In writing your business plan, you need to make sure that the plan is clear, focused and realistic. Below is a list of major sections that make up a sound business plan: [Read more…]
2015 Donald W. Reynolds Governor’s Cup Finalists Announced
Teams from five Arkansas colleges and universities are the finalists in the 15th annual Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition, managed by Arkansas Economic Acceleration Foundation (AEAF), an affiliate of The Arkansas Capital Corporation Group. The finalists are: [Read more…]