If you are interested at all in the state of entrepreneurship worldwide, the GEM report is a must read. The press release has a great summary of findings and the full report is available for download at www.gemconsortium.org
Tim Berry, president of our company, has a nice article on pricing and how to build it into your plan over at Entrepreneur.com. Worth a quick read even if you aren't writing a plan now but are thinking about launching new products or adjusting pricing for existing services or products.
The pace of venture capital investment remained unchanged during 2005 as the financiers of new business ideas continued to tread carefully, hoping to avoid the missteps that led to the dot-com bust.
While VCs may be acting cautiously, it would be interesting to factor in the money that companies like Yahoo! and Google are spending to buy up web2 companies that are out there. My hunch is that the combined VC money plus purchases of small companies by larger companies would show that entrepreneurship was thriving in 2005.
Why do all cable TV ads for local businesses have to look like they were shot on a friend's video camera with a budget of $10? Spot Runner doesn't think it has to be this way.
This interesting service offers a library of professional produced ads with professional voice-overs PLUS online media buying for a tiny fraction of what you think it would cost. Looks like a very interesting concept... Check it out.
Great post over at Signal vs. Noise about making meetings useful. Especially in small businesses (where you don't have the luxury of lots of employees, middle managers, etc, etc) making meetings useful is critical. Otherwise they become an increadible time waster and reduce productivity significantly.
That said, I've worked in plenty of big businesses that should take this same advice. Imagine how much would get done if some of the Fortune 500 spent less time in meetings and more time actually doing things.
Palo Alto Software helps the world's most successful companies with their business planning needs.
We're just at the tail-end or rebuilding our internal administrative systems and have taken advantage to do a little data mining. It's great to be able to really get into your customer database and find out who some of your customers are. Do you know who your customers are?
Beginning Tuesday, applications will be accepted for the $100,000 Business Plan Competition to be conducted at the sixth annual Summit in Tech Valley. The summit is scheduled for April 26 at The Desmond Hotel & Conference Center in Colonie, NY.
Writing a business plan is a daunting enough prospect but it's hard to imagine a guide through that jungle that could be more helpful or comprehensive than this. It points out the pitfalls and reassures you that something impressive can be achieved relatively easily - at the planning stage, at least.