Turn Your Annual Operating Plan into a Budget

Turn Your Annual Operating Plan into a Budget

by JoAnne Berg

originally published by American Express OPEN Forum on February 18, 2011

If you are like many entrepreneurs, budgeting is an annual exercise that you may prefer to do without. However, your budget is a powerful tool for ensuring the success of your business, so it’s worth the time . . . → Read More: Turn Your Annual Operating Plan into a Budget

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The Upside Of Incentive Compensation Plans

The Upside Of Incentive Compensation Plans

by JoAnne Berg

Originally published by American Express OPEN Forum on Mar 24, 2011

Incentive compensation is a practice by which employers pay their employees extra for performance “beyond normal expectations.”

This is one of those practices that business owners have had widely varying experiences with. Sometimes incentive compensation plans work well and . . . → Read More: The Upside Of Incentive Compensation Plans

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Is Your Revenue Model Right for Your Business?

Your revenue model is how you profitably match your product or service with your desired customers. No other business decision has more potential to make or break your business. In fact, your entire business will be structured around your revenue model.
. . . → Read More: Is Your Revenue Model Right for Your Business?

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New Workshop: Four Weeks To Your New Business Plan

Are you ready to start your new business, or jump start the one you have? You need a business plan!

“Four Weeks to Your New Business Plan” is a highly interactive workshop designed and taught by JoAnne Berg.   During the four weeks, here’s what you’ll develop:

A clear and unambiguous description of the mission . . . → Read More: New Workshop: Four Weeks To Your New Business Plan

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The Top Ten Reasons to Have a Business Plan

This originally appeared on my blog, The Art of Small Business. – JoAnne

My mind has been very much on business planning lately – I am working with several clients on their plans, and will be teaching a workshop on business planning later this month.  Entrepreneurs working on startups are usually pretty good about having a plan, . . . → Read More: The Top Ten Reasons to Have a Business Plan

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Is Now the Time to Start Your Own Business?

Is Now the Time to Start Your Own Business?

“Nothing else in the world… not all the armies… is so powerful as an idea whose time has come.”- Victor Hugo

“Timing is everything.” - William Shakespeare

Starting a business is not for the faint of heart. It takes a large investment of money, time and hard work. Like many other things . . . → Read More: Is Now the Time to Start Your Own Business?

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Four Tips to a More Successful Small Business

Four Tips to a More Successful Small Business

by JoAnne Berg

Congratulations! You survived the recession. Now what?

One thing is certain: the business climate is not going to look the same in 2011-2012 as it did in 2007-2008.

For many of you, this means that the business strategy that created your past success will not be the one that . . . → Read More: Four Tips to a More Successful Small Business

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