Archive for the ‘Business Planning’ Category

WSU Business Transition Planning Certificate Program Announced

12/23/2013 Comments off


Government Contracting Checklist

09/26/2013 Comments off

Thinking about entering into the world of government contracting? Vetrepreneur Magazine has created a Contracting Checklist to help guide you and your small business through this process. The list includes information on starting up, company registration, research, networking, and proposals.

Vetrepreneur Contracting Checklist

For more information on government contracting and Veteran Owned Businesses be sure to check out

Trying to Name Your Business or Product? These Tools Can Help

06/18/2013 Comments off

Wordnik, VisualThesaurus, TheFreeDictionary, UrbanDictionary, Ubersuggest

These tools will help you locate words related to your product or business.  Use this group of websites to generate a word bubble that contains several descriptive terms that are related to your product, service or business.


This website will change common puns and phrases into puns using a word from your word bubble.


Many common words you may want to use for your business or product name are already being used by others.  WerdMerge allows you to take short words and generate unique combined spellings.


This tool will help you find words that rhyme with your chosen primary term from your word bubble.

This word generator will create random words based on your interaction with the site.


The title of this site says it all.


Once you have a name, run a quick check to see how unique it truly is.

UpStart Business Journal : Tips for Monitoring Competition

01/25/2013 Comments off

In today’s competitive markets, every piece of knowledge that puts your business one step ahead of the competition is always critical.  Sometimes this knowledge can stem from the competition itself.  Here are six easy ways to monitor your competition to look for a competitive advantage…

1.) Subscribe to their blogs

Businesses these days are becoming more and more transparent, use this to your advantage.  Reading their blogs and posts can help you understand their newest features and latest products.

2.) Use their products

Using the competition’s websites often can help you discover new features on their webpages before they are officially released.  Many companies “soft-launch” features little by little, keeping up to date with their websites can help you learn and detect these new features.

3.) Look at their photos

With social media and corporate websites, pictures are extremely easy to come by.  Taking a look at each of these pictures can help you assess the company by finding out its culture, what computers and hardware they use, even how many employees they have.

4.) Monitor their press releases and news

Similar to reading their blogs, monitoring press releases and news can give you all sorts of information on the competition. To keep up with these, set up Google alerts to notify you.

5.) Monitor their Twitter and Facebook pages

A lot can be said of how people perceive your company, and the same goes for your competition.  Monitoring these two social media sites will allow you to learn how the public feels about your competition, what they like and dislike can both be helpful.

6.) Understand their employees

Employees are the greatest asset to any business.  Understanding the competiton’s employees can help you learn about the company, why it was started, and what drives the people behind it.  Understanding them can be as simple as following them on LinkedIn or Facebook, use the web to your advantage.

For the full article, go to

For more business information, go to

LivePlan – 12 Tips to Delivering Your Business Plan

01/25/2013 Comments off

Delivering a business pitch is the most important first step to grabbing an investor’s attention.  Here are 12 tips to help you construct and deliver that pitch confidently in 10 minutes.

1.) Start off with a compelling story – tie this story into the audience to really grab their attention

2.) Present a unique solution

3.) Share your success to date – don’t be afraid to brag a bit

4.) Explain your target market – explain why they will come to your product

5.) Explain how you will acquire your customers and keep them

6.) Be clear about who your competition is – don’t forget to include why you’re different and better

7.) Share your revenue model – be clear how you will make money

8.) Share your financial projections – don’t hesitate to include your assumptions used to obtain these projections

9.) Talk about why your team is the right team

10.) Spell out your funding needs and uses

11.) Explain your exit strategy – this will show you’ve thought about the future of your company

12.) Have fun with it

For more on these tips and business planning, go to

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