And even 20 percent of companies with more than $10 million in revenue lack a formal process. "When you're trying to just bring in revenue every month, formal business planning seems like ...

The primary value of your business plan is to create a written resource that evaluates most aspects of your new business including a description of your target customers and markets, profitability, ...

This planning and production process is known as a new product introduction (NPI), which can kick off a year or more in ...

A well-executed feasibility study can be the difference between a successful, profitable venture and a costly failure.

business owners must accurately value their business assets as part of the estate planning process. This is essential for determining the estate tax liabilities, equitable distribution among heirs ...

Owning a family business, and planning the succession of your family ... As part of the vetting process, you should ask yourself the following questions: Does their vision for the future of ...

Glenmede's Bethany Bryant on how a wealth plan can empower you to live the lifestyle you desire and create a plan to ensure ...

If the mechanical contracting company has a service department, then this can “jump start” the business plan process because these are clients the firm already has contracts with. Identifying the ...

Minnesota dairy farmers are encouraged to apply for the Minnesota Department of Agriculture’s Dairy Business Planning Grant, which has recently launched a revamped application process.