Creating Your Business Plan

Posted on by Eric Byrd

In order to be successful as a small business owner you need a plan. That plan can take many forms but one of the most common and useful formats is the “traditional” business plan. This is the document that most financial institutions and investors will ask for when you approach them about funding. It will […]

Determining the Right Customer Mix

Posted on by Eric Byrd

Some business owners view their business as a 3-legged stool….the product/service they provide, their customers and their business team.  When all three are working well in a way that produces sufficient gross revenue to derive a profit (after expenses and salaries) the business is deemed profitable.  This business may even be able to reinvest profits […]

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