IrvinKhela

Building a foundation is essential for any business. Formulating a strategy and conducting research are important elements of this foundation. Both a business plan and a business model are required if the business is to run like a well oiled machine. Some may believe that a business plan and a business model are one and the same, but this is not true. A business plan is much more formal and it includes financial information, competitive analyses, and market assessments, among other information. A business model, on the other hand, is typically is about one page of information about the business and usually has a diagram aspect to it. The information generally summarizes the technical, technological, marketing, advantages, offerings of goods and services available to the public, and the chain of command of the business. The business model is the infrastructure of the overall business. This infrastructure should include the main capabilities and responsibilities of the business. This in...

Getting unsecured business credit is not as difficult as you might think it is. If you follow certain guidelines and prepare yourself to apply for unsecured for business credit you will be surprised as to how much business credit you are able to obtain. If you are looking for unsecured credit you may be under the impression that unsecured credit is no longer available in these times or that it's super hard to get any type of unsecured business credit. It's important to realize that in order to be successful in obtaining unsecured credit now more than ever requires having a strong foundation of essential things that banks and creditors look at when giving unsecured business credit to businesses. These are the essential things you need to build a solid foundation to get unsecured credit: o Choosing the Business Entity or Structure for Your Company What this entails is choosing which one of the following business structures you will use to operate your business: A Sole Propri...