Succession planning is hard enough, but as a family business navigates the transition of leadership from one generation to the next, too many forget or forget an essential part of the process: the strategic plan. As suggested in an excellent article, Strategic vs Business Plan in Family Business Magazine (May/June 2023 issue) by Charlie Carr,…
Tag: business plan help
Dig Portico Brewing’s environmentally focused business plan
Portico Brewing believes that its business should be a force for good, especially when it comes to the environment. Formerly a contract brand, Portico debuted its own brewery and community focused taproom near the Somerville-Cambridge line in Massachusetts in spring of 2023 but started thinking about its impact well before opening. Cool ideas range from…
Minto businesses earn support through pitch contest
A natural wellness clinic claimed the 11th annual PitchIt Minto Business Plan Competition. Two Pines Herbals won the 2023 competition aimed to grow small businesses in Minto and increase awareness of available resources. Owner Lior Sabach-Stewart said she’s looking to begin offering herbal remedies and reiki sessions to the area in September. “Being a part…
How to write a startup business plan in 2023?
A business plan is a formal document that includes the goals of your business and how you will achieve them. It is a roadmap or outline to showcase how your startup will work but it has to be compelling to attract investors. Whether you are a new startup or an established one, a business plan…
Sheet Harbor Marina project begins formal business plan
SHEET HARBOUR – An expert crew of economic planners and community developers will skipper the crucial next phase of Sheet Harbor’s long-awaited coastal marina, saying the community volunteers are in charge of the project. “We have officially gotten underway with our enhanced business plan and feasibility study,” Marilyn Munro, president of the Sheet Harbor Marina…
West Lincoln tractor tire business goes through a site plan review
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Portage Manor proposals come as expected. Granger doc hopes officials ‘give it a chance.’
A sign greets the public at the entrance drive to Portage Manor in South Bend on March 2, 2023. SOUTH BEND — As the deadline passed Tuesday evening for proposals to save the county home Portage Manor, there were no surprises. The only two submissions at the St. Joseph County commissioners’ meeting were a business…
Lloyd’s aims to identify underwriting & exposure challenges earlier in the syndicate business planning process
Lloyd’s, the world’s oldest insurance and reinsurance marketplace, has released a market bulletin detailing the 2024 business plan and capital approval process and timeline for syndicates, stating that it intends to identify underwriting and exposure challenges earlier in the syndicate business planning process. The May 16th bulletin from Peter Montanaro, Director of Market Oversight, informs…
