One of the most important aspects of business is financial planning. While that may seem obvious, many business owners tend to focus on day-to-day issues without a clear idea of their long term trajectory. A financial pro forma is an excellent tool for setting realistic expectations for the future. I recently interviewed Jason Niehaus, an […]
Tag: business model
Who is your Competition?
You’ve picked a problem to solve and you’ve identified the market. Great! However, did that preliminary Google search really yield no results? You must ask yourself, who is your competition? Who is your competition? Many entrepreneurs operate in a vacuum. They generally assume that their solution is undeniably better than anything in market and it […]