A problem statement is a powerful tool that helps businesses ask the right questions. Used properly, it can lead to efficient solutions and make problem-solving feel like a breeze. Done poorly, it can ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Employees want to do their jobs well. If the available tools don’t make that easy, many will ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

For nearly 40 years I've been mentoring and advising students as they apply for spots in professional schools--law school, medical school, nursing programs, doctoral programs, and MFA programs, as ...