Future of Business Planning 2006

Business Plan Software Then and Now

by Tim Berry

I was shocked, over the weekend, to discover that it’s been more than 10 years since I posted The Future of Business Planning Software here on this blog. I wrote then: As time goes on, more people are going to use planning as process to manage their businesses better. More will see the power of regular plan... Read More »

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Business Planning is not Accounting

by Tim Berry

The picture here represents the legendary Stargate, a science fictional gateway between two dimensions. There was a 1994 film starring James Spader and Kurt Russell. I often use it to illustrate the difference between planning and accounting. Planning begins today... Read More »

Simple Cash Flow Spreadsheet

A Simple Cash Flow Spreadsheet Anybody Can Use

by Tim Berry

If there’s just one formal business skill every business owner should have, it’s understanding and forecasting cash flow. It’s not intuitive because it’s not the same as profits; but it’s vital. We spend cash, not profits. It’s one of the most important pieces of every lean business plan. Here’s my recommendation for a relatively simple... Read More »

10 Marketing Plan Essentials

10 Marketing Plan Essentials for 2016

by Tim Berry

(Note: I posted this last week on the SBA Industry Word blog as 10 Essentials of A Marketing Plan in 2016.) Clearly, technology has changed marketing a lot. We fast forward through ads on television and block them on our devices. We have amplified word of mouth in social media. We pour over analytics and metrics.... Read More »

Data Analysis

The Only Startup Metrics that Matter

by Tim Berry

I like this a lot. In The only startup metrics that matter — Medium, Josh Elman, who has had upper echelon stints with Facebook, Twitter, and LinkedIn, writes: “One of the things that I felt working on each of these is that we never looked at numbers or metrics in the abstract — total page views,... Read More »

Displacement

Displacement Principle in Startups and Small Business

by Tim Berry

It’s really pretty simple. Intuitive. I didn’t learn about it in business school; I learned about it while building and running a real business. I decided to call it the displacement principle. Displacement Principle: In the real world of small business, everything you do rules out something else you can’t do. My favorite metaphor is... Read More »

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The Lean Business Plan for Small Business Owners

by Tim Berry

“What? No, I don’t have a business plan. I’m not a startup.” Too bad so many small business owners think that way. A good lean business plan for small business owners ought to be a great tool for running a business. Set strategy, tactics to match, major milestones, metrics, tasks, responsibilities, and essential business numbers.... Read More »

How to project expenses

Some Recent Blog Posts Elsewhere

by Tim Berry

Because you might be interested in these … I posted How to project expenses for a new business overnight on the SBA (small business administration) Industry Word blog. It’s a step-by-step how-to piece on exactly what it says in the title. Yesterday and today I posted two different posts on James Altucher’s Ultimate Cheat Sheet on Starting a... Read More »

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Planning and Paradox

by Tim Berry

Business planning is full of paradox. Here are some interesting examples. Business plans are always wrong, but nonetheless vital. Wrong because they're predicting the future and we're human, we're fallible, so we don't get it right. Vital because we need... Read More »

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10 Lies About Business Planning (Video)

by Tim Berry

Business plans are a waste of time? That’s a dangerous lie. Don’t bother, because nobody’s going to read it anyhow? That’s another lie, because it’s about running your company, not whether somebody else reads your document. The lies matter because they interfere with business planning, which ought to be part of your management. Planning is... Read More »