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The 5 Stages of Entrepreneurship

Hubspot Sales

Stage 2: Planning Just as architects need building plans to construct a new building, entrepreneurs need business plans to create successful businesses. Developing a business plan helps you estimate costs, identify risks, and set up risk mitigation measures. You desire to expand faster.

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6 Tips for Talking to Leaders & Other Stakeholders

CMOE

For example, investors in a small software startup might want proof that you are following through with the financial goals you outlined in your technology business plan and be less concerned with things like your social-media marketing plan. Align Your Team’s Objectives With Company Goals.

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21 Books About Starting a Business You Can’t Afford Not to Read

Hubspot Sales

21 Books About Starting a Business. Should you have investors? In the Company of Women: Inspiration and Advice from Over 100 Makers, Artists, and Entrepreneurs ” by Grace Bonney. “ The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses ” by Eric Ries.

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The Ultimate Guide to Entrepreneurship

Hubspot Sales

Small business loans provide an established source of financing that favors more traditional business models. If you go this route, expect to present a meticulous and clear business plan and to account for every penny. But unlike a VC, a silent partner doesn’t want any part in your business decisions. Crowdfunding.

article thumbnail

The Ultimate Guide to Entrepreneurship

Hubspot Sales

Small business loans provide an established source of financing that favors more traditional business models. If you go this route, expect to present a meticulous and clear business plan and to account for every penny. But unlike a VC, a silent partner doesn’t want any part in your business decisions. Crowdfunding.