8 min read
How to Write a Management Summary for Your Business Plan
Entrepreneurs are often celebrated for their uncanny ability to understand others – their customers, the market, and the ever-evolving global...
Resources
7 min read
Going Beyond Writing: The Multifaceted Role of Business Plan Consultants
Most people think of a professional business plan company primarily as a "business plan writer." However, here at Masterplans, we choose to approach...
4 min read
A Comprehensive Guide to the E-2 Investor Visa Business Plan
Originating from bilateral treaties between the United States and specific countries, the E-2 visa provides a platform for foreign entrepreneurs to...
7 min read
Implementing Your Business Plan: A Marathon AND a Sprint
As a runner, I know the feeling of lacing up my shoes, stepping out the door, and hitting the pavement. It's not always easy. Some days, I'm full of...
7 min read
Understanding The Distinction Between a Business Plan & Business Planning
In the dynamic world of entrepreneurship, our choice of words matters. Our vocabulary can often become a veritable alphabet soup of jargon, acronyms,...
8 min read
Common Mistakes to Avoid When Writing a Business Plan
Crafting a business plan is a delicate balancing act. It demands a deep understanding of your market, a clear value proposition, realistic financial...
15 min read
Sibling Showdown: The Great AI Debate
When my brother and I engage in conversation, I brace myself for a battle of wits. He's an intellectual force to be reckoned with — well-read,...
7 min read
How To Effectively Showcase Your Product or Service in Your Pitch Deck
Convincing potential investors to support your vision is no easy feat, especially if they don’t fully grasp the nature of your business. The...
9 min read
Choosing the Right Option to Fund Your Startup Business
Starting and growing a business is a challenging process that demands much more than just a brilliant idea. In the world of business, it is a...
12 min read
Marketing for Startups: How to Make Your First Sale and Build Your Business
I may be showing my age in this era of tap-to-pay, but I remember when many businesses displayed a framed one-dollar bill on the wall. Perhaps you’ve...
6 min read
Using Customer Personas To Write A Better Business Plan
If you've ever seen a customer persona, you know they are very detailed and easy to understand at a glance.
10 min read
Find the Right Space at the Right Time: Selecting A Business Location
We’ve all heard the phrase: Location, location, location. Where you place your business is one of the most critical decisions you will make. If you...
5 min read
Writing a Solid Business Plan: Fundamentals and Principles
I’ve worked as a business plan writer since 2006, and it’s been a remarkably fun and fulfilling career for me. I get to see entrepreneurs of all...
5 min read
From Layoffs to Innovation: How Economic Downturns Spark New Business
It’s hard to go a day without hearing a report of another major corporation laying off workers. Layoffs are painful for everyone involved, especially...
4 min read
Making the Leap from Side Hustle to Full-Time Entrepreneur
2022 was the year of the side hustle. Recent data from Zippia show that 45% of working Americans have a side job, and that percentage rises to 70%...
7 min read
How Much Will My Startup Cost?
One of my favorite aspects of financial modeling is that it is a logic puzzle. You take one piece of data and figure out how it is related to other...