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Thinking about starting your own business? Here’s what to know

ACT

Here are a few helpful tips for starting your own business and finding a path to success. Outline your business plan One of the most common mistakes new entrepreneurs make is to start a business without a concrete business plan. Moving forward without a plan could set your business up for failure.

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Break-even point | Definition, analysis, and formula

Zendesk

This can inform not only your sales strategies but also your long-term business plan. Companies have many fixed overhead expenses, such as rent, salaries, taxes, and insurance. Sell more than that, and the company’s gross profits will begin to soar. What is the break-even point in sales? Let’s talk about the basics.

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How To Identify External Factors That May Affect Your Strategic Plan

ClearPoint Strategy

Did you ever think you had the perfect business plan and strategy, only to be blindsided by an increase in tariffs or a new environmental regulation? This article will help you discover how to think about and manage external factors that can cripple your strategic plan (or open up new opportunities). Click To Tweet.

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29 Tools & Resources for Today's Entrepreneur

Hubspot Sales

HubSpot Growth Platform is a full stack of marketing, sales, and customer service software. The platform scales with your business, so you can start for free and expand as your company grows. QuickBooks is an accounting software tool designed for businesses ranging from solo freelancers to mid-sized companies.