business plan

The Ultimate Guide To Understanding A Business Plan

Linkilaw Startup Advice & Tips

Description A business plan is a written document that describes your business’s objectives, strategies, sales, marketing, and financial forecasts. A business plan helps you: clarify your business idea, spot potential problems (and find potential solutions), set out your goals and measure your progress. Why It’s Important For A Startup While some first-time entrepreneurs might ask the question of why they …

Is Your Business Plan Legally Watertight?

Linkilaw Company Law, Family Business, Home-Based Business

For everyone trying to make it as an entrepreneur or business owner, a proper business plan is like a spring board towards great professional heights. A lot of thought goes into developing one that’s right for your company. Plus, the startup market is getting increasingly competitive, so you have to do your homework really well! Firstly, examine your own strengths, …

Misconceptions About Setting Up A Startup

14 Common Misconceptions About Setting Up A Startup

Linkilaw Marketing & Social Media, Motivation & Success, Shared Resources, Startup Advice & Tips

14 Common Misconceptions About Setting Up A Startup Thinking that you can do it better isn’t necessarily the start of a great business, and it’s hopefully only one of the personality traits that pushed you out on your own in the first place. There’s a fine line between confidence and arrogance; something of which we must be ever-vigilant to make …

business plan

Why Your Business Needs A Business Plan

Linkilaw Motivation & Success, Record Keeping & Taxes, Startup Advice & Tips

Maybe you’re thinking you don’t need a business plan because a) you already know what you want to be doing by this time next year, and b) a loan or investor isn’t something you think your business will require in the near future. In a perfect world, you could be right. But then again, it’s seldom that things go how …