Applications open for Comerica Hatch Detroit with $100K prize
Applications are now open for the $100,000 Comerica Hatch Detroit Contest by TechTown.
The contest awards $100,000 to startups hoping to open a brick-and-mortar business in either Detroit, Hamtramck or Highland Park.
Entrepreneurs can submit their business plans on the Hatch Detroit website through Feb. 21, and the four-month contest will include two rounds of public voting. Those interested can sign up for information sessions on the website.
On top of funding to open the store, the winners will be support for accounting, legal, IT and public relations.
The first round of public voting will get the top 10, and…
How to Write a Great Business Plan
Woman in white shirt studies notes on a whiteboard
Coming up with the million-dollar idea was the fun part. But turning that idea into a successful company requires a business plan. Here’s why: A great business plan helps you plot your course and focus your efforts, which is what it takes to meet short- and long-term goals. It also demonstrates to interested parties—employees, investors, lenders, partners, yourself—that you’re committed to building the company and that you’ve got what it takes.
A considered business plan also shows how you’ll generate revenue and handle expense management, gets honest about how long it…
Council Strategic Plan – City of Mission
The City of Mission Strategic Plan guides the City’s budget and service delivery, and charts how we are working toward fulfilling our vision and mission.
OurVision: Mission is a vibrant, inclusive, and resilient community, where community members thrive and have a coveted quality of life.
Our Mission: The City of Mission provides sound leadership to its residents and local businesses to balance growth that provides needed amenities, local employment opportunities, utilizing a level of responsiveness that demonstrates exemplary service and efficiency that is the envy of the Fraser Valley.
The overall focus of the City of Mission Strategic Plan is…
Don’t make these common mistakes when starting a business
Becoming an entrepreneur is an exciting undertaking, but it can be difficult to get your new company off the ground — even with a great business idea. About 18% of startups won’t make it through their first year, and only 50% will last beyond five, according to Bureau of Labor Statistics data.
While you can’t anticipate and prepare for every potential hurdle your business may face, there are strategies to help set your business up for long-term success. Here, business owners and industry experts share some of the most common mistakes startups make and tips to avoid them.
1. Starting…
