Creating a business plan from scratch can seem daunting, especially for those new to entrepreneurship. However, understanding ...

The primary value of your business plan is to create a written resource that evaluates all aspects of your new business including a description and analysis of your business’s prospects, its economic ...

By understanding the differences between loan types, accurately projecting financials, and exploring alternative financing, ...

This approach can lead to poor results or even the business's failure. Instead, take the time to make a budget. Here's what you need to plan for. Startup costs are expenses incurred while ...

A marketing strategy is a business’s plan for reaching prospective consumers ... revolve around a company’s value proposition and make use of unique brand messaging. The ultimate goal of ...

Learn how to make a business plan, hire employees, and stay on top of innovation trends–everything you need to know to successfully launch your high-tech ideas. Michigan Tech professors nurture ...