Category: Business Plan

Business Plan

Business plan, capital is the first step to start any successful business

Starting your own business can be a daunting prospect for many. Here are a few tips to help aspiring entrepreneurs get started on the right track. “So, you want to start your own business…” That’s the dream of many of us. After working at a job or for a company which did not suit their personality or aspirations, almost everyone, whether retired or working, has felt the urge to be out there on their own. Desires for independence, setting your own work hours, achieving a desired work-life balance, and finding work we enjoy doing all these thoughts. Stephen Burrow However,…
Business Plan

Accelerating scientific discovery with Azure Quantum

Today, Microsoft is announcing new advances to Azure Quantum aimed at accelerating scientific discovery. From the Iron Age revolutionizing agriculture to the Silicon Age revolutionizing how we communicate, new materials have always created inflection points for social progress. Advances in this space will be transformative. For example, the transportation industry can develop more efficient and powerful batteries. Pharmaceutical researchers can develop new drugs. The chemistry industry will be able to discover safer and more sustainable compounds for the products we use daily, such as electronics, paints and textiles. And most importantly, scientists will be able to solve society’s most pressing…
Business Plan

How to write a business plan

Every business owner can benefit from writing a business plan, including those in the early stages of launching a business. A well-crafted business plan communicates the business’s strategy for growth to key leaders and investors. It’s also an important step to get a business loan since many lenders require it. Let’s walk through the steps and elements of writing your ideal business plan. Key takeaways A business plan outlines how you plan to bring products or services to market Many lenders require a business plan to be included with a loan application You can choose to write a lean or…
Business Plan

Stem & Vine pairs plants and pinot, Stable & Saloon still idle, and Baltimore chefs prepare for cook-off

Mount Vernon got a dose of bad news over the weekend with the announcement that its only grocery store, Eddie’s of Mount Vernon, will be closing at the end of June. But it’s not all doom and gloom. This week, I have news of a plant shop-slash-bar coming to the neighborhood, as well as some insight into what will become of the old Mount Vernon Stable & Saloon space. Read on for those details, plus an exciting announcement for fans of cooking competitions. Here’s some positive news for Mount Vernon: the neighborhood will soon have a plant shop, bar and…
Business Plan

Laurentian under time crunch for new strategic plan

Following the CCAA exit, Sudbury university must come up with a strategic plan in six months, an exercise most universities take a year or more to complete Laurentian University’s upcoming strategic planning process is operating under a tight timeline. The university was legally obligated under its plan of arrangement following its late-2022 exit from insolvency to hire a consultant to assist with its new strategic plan. Canadian company StrategyCorp was hired for that role earlier this month. Laurentian is also mandated to complete its strategic plan and have the document approved by its board by the end of December of…
Business Plan

Reflections on AI and the future of human development

Recent advances in artificial intelligence have sparked both wonder and anxiety as we contemplate its transformative potential. AI holds enormous promise to enrich our lives, but this anticipation comes intertwined with apprehensions about the challenges and risks that may arise. To nurture a future where AI is leveraged to the benefit of people and society, it is crucial to bring together a wide array of voices and perspectives. With this goal in mind, I am honored to present the “AI Anthology,” a compilation of 20 inspiring essays authored by distinguished scholars and professionals from various disciplines. The anthology explores the…
Business Plan

The Gauntlet names business plan winners

Jeff Sturgeon 540-981-3251 the Gauntlets business plan competition, which attracts entrepreneurs from statewide, named this year’s 45 winners, among them a Martinsville wellness center. The top prize went to owners of The Wellness Bar in uptown Martinsville, described as a “IV hydration and vitamin lounge,” for their plan to open a second location at a place to be announced, said Kathy Deacon, vice president of business and resource development at The Advancement Foundation. The foundation runs the contest. The Martinsville Bulletin reported a year ago that Mandi and Travis Hundley established the business with three “drip” chairs for administration of…
Business Plan

Experience-Based Tips For Transitioning Out Of Your Business

Dave Van Horn is the founder of PPR Capital Managementan investment fund specializing in mortgages and commercial real estate. Kelvin Murray 2015 Most of us have heard the saying that people don’t plan to fail, they just fail to plan. In the investment world, you often hear this phrase in reference to financial and estate planning. Over the years, I’ve learned that it’s probably a saying that can apply to many parts of your business as well, including perhaps the most pivotal part —your exit. So, when is the best time to do succession planning? Hopefully, it’s before you actually…