Business Plan

No Cost, Risk Free Start-Up Business Idea | Jim Beach

Posted by Nicole Fende in Business Plan, Interviews | 12 comments

Jim Beach School for Startups Recently I had the pleasure of interviewing Jim Beach, of The Entrepreneur School on my Blog Talk Radio show SmallBizFinance.

Jim is an amazing entrepreneur, who has proven time and time again that start-ups can be quickly profitable without risking a lot of capital. Lessons learned and insightful case studies are shared in his new book School for Startups: The Breakthrough Course for Guaranteeing Small Business Success in 90 Days or Less.

As a follow-up to the live interview, Jim wanted to share a no cost, risk free start-up business idea. You read that right, he is freely sharing a viable business idea right here, right now. Thanks Jim!

Learn Jim’s No Cost, Risk Free Start-Up Idea Now!

Cage Match: Sales vs. Finance

Posted by Nicole Fende in Business Plan, Finance for Start-Ups, General Finance | 10 comments

Profit Cage Match Sales vs. Finance

Given Americans love affair with boxing, pro-wrestling and now the UFC I thought it was time to host my very own small biz smackdown.

That’s right. It’s time for the first ever…

Profit Cage Match!

Finance Improv

Posted by Nicole Fende in Business Plan, General Finance | 13 comments

finance improv grow profit I love to laugh. Even more, I love to have others laugh with me.

In fact, my less than lady like guffaws have been known to infect entire groups of people.

After countless hours of research (and belly laughs), I have come up with proven techniques that will have you laughing all the way to the bank!

Improv Techniques to Boost Your Bottom Line

Don’t be the Milkman

Posted by Nicole Fende in Business Plan, General Finance, Risk Management | 9 comments

Dont be the Milkman

When I was young…

I mean younger

*ahem*

When I was a 5 year old kid.

We had a milkman who delivered milk right to our door. If my Mother wasn’t home, he left it in a galvanized metal box on our doorstep.

No we weren’t rich. No it wasn’t Uncle Joe who had 10 dairy cattle. It just was. Average people had fresh milk delivered on a regular basis.

Not anymore. So what happened to the traditional Milkman? He became extinct.

The Milkman’s entire existence was based on one method of delivery.

When people stopped using home delivery, they stopped using him. Sales is essentially distribution and delivery.

Don’t let your sales become extinct.

Keystone Controversy

Posted by Nicole Fende in Business Plan, Pricing Products and services | 8 comments

Who is this Keystone character?

It’s actually not a person, a place, or even a thing.

Keystoning is the practice of setting your price at double your wholesale cost. The term is most commonly used in a retail environment; however, there are practical applications in all lines of business.

Should you use Keystoning?

Stack the Odds, Fix the Game

Posted by Nicole Fende in Business Plan, Expenses, Financial Analysis | 8 comments

Double down, ante, hold, all-in, bluff…

You probably recognize these common gambling terms.

What about muck, tilt, parlay, or cold dice?

Don’t know what these mean? That’s okay, neither did I (keep reading and you will).

I used to say I wasn’t a gambler. My idea of going crazy at a casino is playing the $3 craps table until my $20 is gone.

Then I realized I AM a gambler. All entrepreneurs and small business owners are gamblers. We just know how to stack the odds in our favor. Once I embraced this concept, a simple, effective budgeting tool was born.