If you have decided to enter the fashion industry, you better be well-prepared as there is little room in it for the newcomers. This includes having a compelling business plan. With this being said, business plans are important for established clothing businesses too as the field is constantly changing. They need to be prepared for […]
When we look at the economic impact of the pandemic we see a tale of two halves. Some businesses have closed for good, many are working overtime to adapt and stay relevant to their customers. Businesses are having to implement sharp pivots, retooling services, altering revenue models almost overnight. And all this when the revenue […]
A food truck business plan is essential as it eliminates any guesswork that may come with the establishment of a new business. Even a seasoned entrepreneur cannot start up a food truck business without this essential document. Having a food truck business plan not only provides guidance, but it will also help convince investors to […]
Many entrepreneurs do not take the time to put together a well thought out restaurant business plan. While the entire process of writing a restaurant business plan may be time-consuming and frustrating, it yields excellent results once you complete the business plan. Why? Because no investors will fund your restaurant unless you have a great […]
Most entrepreneurs tend to think that a coffee shop business plan is unnecessary. This is probably because of how common the business is. However, regardless of the type of business in question, you still need a good plan. What is a Coffee Shop Business Plan You can describe it as a formal document that outlines […]
Starting a business can be a very exciting time, but it doesn’t come without stressors and anxiety here and there. With nearly 20% of new businesses failing in the first year and nearly half of businesses failing by year five, business owners need to be on top of their game. One of the best ways […]
Are you planning to start a restaurant? If yes, then it’s crucial to understand that setting up a restaurant is quite the task and requires meticulous planning and preparation. For instance, you need to know exactly what you plan to serve to your guest, where would you raise the fund from or even what should […]