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Involvement vs. Commitment and Planning as Management

by Tim Berry

In breakfast, the chicken is involved, the pig is committed. In the business planning process, commitment is essential. Plans need to be implemented, and implementation means commitment. There has to be accountability, and peer pressure. You have to follow up... Read More »

Business Management

10 Myths vs. Reality on Business Plans and Startup Investment

by Tim Berry

I gather from a stream of emails I’ve received that there are a lot of misconceptions on the relationship between a business plan and getting seed money and/or angel investment. So here’s a list of reality checks to apply to all those lists. Business plans are necessary but not sufficient. Even a great business plan... Read More »

Business Management

5 Management Benefits of Lean Business Planning

by Tim Berry

Don’t think of a business plan as a formal document that’s hard to do, useful only for startups, bank loan applications, and seeking investment. Think of it as lean business planning that’s just lists and tables and is vital for optimizing business management. You plan, run, review, and revise. It’s a process. A constant cycle.... Read More »

A Bad Idea

Business Plans are Always Wrong

by Tim Berry

Yes, I admit; I’ve used “business plans are always wrong” a few times in slides, blog posts, and even in both of my two latest books. It’s an important concept. Way too many people misunderstand the point of business planning and assume that because we can’t predict the future, we shouldn’t plan. Which prompts me... Read More »

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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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 »

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I’m Loving the New Version of Business Plan Pro

by Tim Berry

If you’re a regular reader you know I don’t normally do sales pitches here on this blog, but this is special. Last week Palo Alto Software introduced a brand new version of Business Plan Pro incorporating (finally) my Plan-as-You-Go Business Planning ideas into the mainstream of the software. With this new version, when you start... 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 »

Business Plan, Marketing Plan, or Both?

by Tim Berry

“if I have a marketing plan, do I need (or want) a business plan too?” Good question. And so is its opposite question too, “if I have a business plan, do I also need (or want) a marketing plan?” As for a lot of these planning questions, you’re going to get different answers from different... Read More »

When Brainstorms Fizzle

by Tim Berry

I just read Is Brainstorming a Waste of Time? on Lateral Action. Consider this quote: I’ve heard similar complaints from quite a few creative directors and professional creatives - instead of seeing brainstorming as essential to the company’s creative process,... Read More »