Business Plan

What Are the Most Important Parts of a Business Plan?

From considering growth costs to the complete financial outline, here are 10 answers to the question, “What is the most important part of a business plan that sometimes gets overlooked or underappreciated by a founder?”

  • Cost of Growth
  • Your Emergency Fund
  • Roles and Functions in the Organization
  • Executive Summary
  • Your “Why”
  • Market Analysis
  • Marketing Strategy
  • A Contingency Plan
  • The Business’s Target Audience
  • The Financial Plan

Cost of Growth

Learning from industry insiders about the costs of growth, such as the true costs of going into a “bricks-and-mortar” channel after being established in e-commerce, and capturing those costs in your business

Business Plan

Manhattan DA Lawyers Feared Stormy Daniels Case Against Trump Was Weak

  • Manhattan DA lawyers worried about indicting Trump over “hush money” payments to Stormy Daniels.
  • Three lawyers thought the case would not work as standalone charges, according to the Daily Beast.
  • The expected charges have numerous weaknesses, experts say.

Three attorneys who worked on the Manhattan district attorney’s criminal investigation into Donald Trump believed the promised indictment against the former president over hush-money payments to Stormy Daniels was too weak to bring as a standalone case, according

Business Plan

Thanks to a slowing economy, SBA loans have been growing in popularity

5 min read

As interest rates continue to increase and fears of a recession loom, it is becoming harder for some small businesses to get financing.

However, one very good option remains: the US Small Business Administration. Thanks to a slowing economy, SBA loans have been growing in popularity. In 2022 the agency approved about 57,000 loans totaling $35 billion, with about $1 billion specifically in Illinois and the numbers are already increasing so far in 2023.

“We’ve seen a lot more interest in these loans this year,” said Tom Huffman, a senior vice president at Wintrust Bank, which serves many businesses throughout

Business Plan

Peace River School Division approved for Class 1 Driver Program business plan

The Peace River School Division (PRSD) has received approval from Alberta Education to develop a business plan for a Class 1 Driver Education Program. Superintended Adam Murray says they have received feedback from people who own and operate truck farms on Class Drivers’ needs.

“Currently, I’m getting feedback from people who own and operate small trucking farms, that on any given day 30% of the trucks that could be driving and transporting goods are parked due to a shortage of drivers.”

Murray says they are exploring the program as it is quite beneficial for students’ success and will create a

Business Plan

Unique Logistics Announces Acquisition Closing of Operating Subsidiaries and Affiliates of Former Parent Company

5 min read

Published: Feb. 27, 2023 at 7:30 AM CST|Updated: 2 hours ago

,

/PRNewswire/ —

Unique Logistics International, Inc. (OTC Markets: UNQL) (“UNQL” or the “Company”),

a rapidly growing global logistics and freight forwarding company, announced the closing of the

th

2022 announced a stock purchase agreement (the “Purchase Agreement”) to acquire from Unique Logistics Holdings Limited, a

corporation and from Frangipani Trade Services, Inc., a

corporations (collectively, the “Seller”)

Seller’s share capital in ten (10) of Seller’s subsidiaries and affiliates, including eight (8) directly held and two subsidiaries held by those companies (collectively the “Acquired Companies”).

Business Plan

Virtuzone introduces the region’s first business plan builder powered by OpenAI’s ChatGPT

  • Virtuzone launches SWYFT Plan, the region’s first business plan software powered by OpenAI.
  • SWYFT Plan allows entrepreneurs to create a ‘best practice’ business plan in less than 10 minutes.
  • The AI-assisted business plan builder generates business plans that comply with the requirements set by free zone authorities and banks in the UAE.
  • SWYFT Plan is currently in the beta testing phase and is free for use. Interested users can now sign up at swyftplan.com.

DUBAIUAE, Feb. 14, 2023 /PRNewswire/ — The UAE’s leading Company Formation Specialists and award-winning corporate services provider, Virtuzone, is launching SWYFT Plan by

Business Plan

MG Custom Lighting wins CCBC 10th annual Business Plan Competition

Michael Guarraia of MG Custom Lighting LLC, a company that makes handmade industrial-style lamps using reclaimed industrial parts and machinery, won the first-place prize of $20,000 in the Community College of Baltimore County’s Center for Business Innovation’s 10th Annual Business Plan Competition.

The Feb. 6 events featured the top 10 pitches from aspiring entrepreneurs, all of whom are CCBC students or alumni. The winners shared a total of $62,500 in seed money to be used as startup capital for their new or growing businesses.

Prize money was made possible by the Philip E. and Carole R. Ratcliffe Foundation, which has

Business Plan

From Ground Zero to Investor Hero

Thailand-born, New York City-based Kanin Asva (Kanin Asvaplungprohm), is quickly becoming a force in the venture capitalism space.

Having handled $200 million in funds in a career that has traversed the finance and tech worlds from Thailand to New York City, the 31-year-old Southeast Asian powerlifter and art lover has set his own venture in motion.

His vision for Robust is to have a globally recognized early-stage, industry-agnostic venture capital firm with a mission to drive technological advancement. It plans to partner with a select few independent thinkers at the early to pre-series stage and stay the course through the