https://thyblackman.com/2014/01/21/five-simple-steps-to-cut-business-plan-stress-in-half/ Black News 24/7 Online for the Black Community. Thu, 13 Feb 2014 06:47:11 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://thyblackman.com/2014/01/21/five-simple-steps-to-cut-business-plan-stress-in-half/comment-page-1/#comment-69199 Sun, 26 Jan 2014 22:24:05 +0000 http://thyblackman.com/?p=45490#comment-69199 Thanks for sharing your thoughts about writing business plans. Good advice! I always tell my business plan clients to focus on putting their passion into words. Often times, entrepreneurs have brilliant ideas, but are afraid to put their passion in writing and instead fill their plans with industry jargon and meaningless words.

]]> https://thyblackman.com/2014/01/21/five-simple-steps-to-cut-business-plan-stress-in-half/comment-page-1/#comment-68997 Wed, 22 Jan 2014 18:04:11 +0000 http://thyblackman.com/?p=45490#comment-68997 When we’re writing business plans for our clients, we also like to build in a 10% contingency in the start-up budget. If they come in under budget, that money can be applied to working capital and give them a healthier cash balance in the first few months. Good advice!

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