A business plan is a strategic blueprint that describes how the franchise unit will be operated and managed to achieve success. The plan should encapsulate the franchisor’s broader strategy while ...

Small business success depends not only on a great idea but also on a great strategy for making that idea profitable. What prompted you to launch your small business? If you’re like most entrepreneurs ...

When you run a business, it’s easy to get caught in the moment and focus only on the day in front of you. However, to be truly successful, you must look ahead and plan for growth. To do this, you ...

Developing a successful business plan requires a thorough understanding of the market in which you operate in. One crucial aspect of this understanding is identifying and capitalising on market gaps.

With so much to think about and plan for, when starting a new business it may be tempting to overlook creating a comprehensive business plan. However, it's important to remember that a business plan ...

Forbes contributors publish independent expert analyses and insights. Rhett Buttle covers the intersection of the private and public sector. Every aspiring entrepreneur needs a thorough and ...

In developing a business plan about technology, operate at three levels: The applications portfolio, information repositories, and underlying platforms. The term “portfolio management” is getting ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Yarilet Perez is an experienced multimedia ...