When I was taking my Entrepreneurship class when I was working toward my MBA the professor asked a question that really surprised me. “What is the purpose of a business plan?” Seemed like an easy question. We write business plans to present our business to potential investors, so they will help us fund our business.
Turns […]
Entries from August 2007
What Is the Real Purpose of Your Business Plan?
August 31st, 2007 · No Comments
Tags: business plan
Buying a Restaurant Homework
August 30th, 2007 · No Comments
Yesterday my post was on buying a restaurant versus starting one from scratch. I’ve also recently posted an article about assessing the location of your restaurant. Today, I have a homework assignment for you that will tie those two posts together.
Go to one of the web sites that advertise restaurants for sale. […]
Tags: location · business plan
Buying a Restaurant versus Starting from Scratch
August 29th, 2007 · No Comments
It’s been a dream of mine to own a restaurant. I’ve spent a lot of time dreaming and planning. One question that I keep coming back to is, should I start from scratch or buy an existing restaurant? There are pros and cons to each, but overall, which would serve me best?
Tags: location · business plan
