Category Archives: Business planning

SWOT analysis part of a business plan, template and strategy example

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In this tutorial I explain what is a swot analysis in a business plan. Many people find this concept to be foreign sounding, confusing and intimidating, but it is quite simple. Swot stands for strengths, opportunities, weaknesses, and threats. It is a nice way to examine the pros and cons of a particular business direction. When you decide on a business strategy, you can do a swot analysis to help you determine whether it is something that will be truly beneficial to your business in the short and long term.

SWOT Analysis Example

Let’s go over an example of performing SWOT analysis for a business strategy decision of my own business. Let’s say that the decision is to start a YouTube channel for my business. At the time of writing this, I have already started and ran a YouTube channel for over a year so this is a decision that I already made. So let’s go over the key points I considered (or SWOT analysis) when I made the decision to start my YouTube channel.

The strengths of this decision were that I already help entrepreneurs, and my videos would be on topics that I already know a lot about. Another strength was that I was going to be able to get my YouTube channel to grow if I funneled my app users to subscribe to the channel, and watch my videos. The weakness was that I would dis-focus my efforts and stress my resources even more than they were already stressed. The opportunity was that I would get exposure to potential hundreds of millions of YouTube users, which is quite amazing. And the threat is that I fail, waste time and have this project hurt my business.

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Mobile App Business Model Tutorial

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Understanding mobile app business models is perhaps the single biggest tool to help you during the planning stages of your mobile app to help you understand what kinds of apps may find success, and which will fail. It will also help you evaluate potential app features that you may consider adding to your app once your app is live. I can’t overemphasize how important this is to the health of your app business, and I hope you agree with me as we cover mobile app business models. One caveat I want to add is that because there are so many different kinds of apps, I am not able to cover specifics of different kinds of apps, and at times I have to make sweeping statements and assumptions. Please bare with me through that, and try to consider how the general points I make relate to the specifics of your app.
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How To Start A Mobile App Business

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First, let me tell you a little bit about me, and why I am qualified to write on this topic. I created my first app in early 2012. Since then I created 8 Android apps for business, 6 iOS apps, and 4 Amazon Kindle apps. The apps have passed 500,000 downloads (many of them paid), and now earn me a full-time living. The apps are business apps that help entrepreneurs plan, start and grow their businesses. They are very loved apps. In fact, if you search for the word “business” on Android, my app is #1,  and I am now working on getting my iPhone app to be #1 as well. In my writing I share all the tips of what it took for me to get my apps to rank so highly so you can do it too.
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How To Start A Food Truck Business

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This article has two sections. The first is on how to plan and start your business in general.  The second is on how to start a food truck business.

Here is a step by step tutorial on how to start a business.

Here is a tutorial on how you can write a good business plan.

Here are a few more resources on how to start your business. Here is a link to learn more about my book on how to start a business which is based on research of experiences of 300,000 entrepreneurs. Here is the link to my video-based course on how to start a business with over 5 hours of tutorials. The link to the course contains a coupon code for a very big discount. If you like this course, here is a page that has 60 Udemy course discounts and coupons.

Interview On How To Start A Food Truck Business

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This post is an interview I did with Karen of the Sweet Lulu Bakery which is a company selling baked goods from a truck in Charleston, SC. Instead of a boring old FedEx truck, the company uses a cool vintage pick up truck and kitschy Shasta trailer. Please support her dream of starting her business on her crowdfunding page.

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How To Start A Landscaping Or Lawn Care Business

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This article has two sections. The first is on how to plan and start your business in general.  The second is on how to start a landscaping or lawn care business.

Here is a step by step tutorial on how to start a business.

Here is a tutorial on how you can write a good business plan.

Here are a few more resources on how to start your business. Here is a link to learn more about my book on how to start a business which is based on research of experiences of 300,000 entrepreneurs. Here is the link to my video-based course on how to start a business with over 5 hours of tutorials. The link to the course contains a coupon code for a very big discount.

Interview On How To Start A Lawn Care Business

This article is based on an interview with Bryan Clayton who successfully grew a lawn care business to over $5,000,000 in revenue and sold it. Bryan is currently working on a company called Your Green Pal which is his project after selling the landscaping business. Here is the interview. I hope it is enjoyable and educational.
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How To Write A Business Plan

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Many people struggle with writing a business plan. But it isn’t a difficult thing to write. While business plans can get very complex, if you are just starting your company, yours can be quite simple because there just isn’t much going on in your business. In this article, we’ll explain how to write a business plan and make it feel simple. Many people think that using complex language will make their business plan sound more sophisticated. The opposite is false. You should use clear and simple language, and aim to be concise. Above all else, aim for clarity, simplicity and brevity. If the reader gets confused, they will stop reading and think that you can’t express business concepts clearly.
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What Is An Executive Summary & How To Write An Executive Summary Of A Business Plan

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By pure accident, the concept of an executive summary is a convoluted one. The problem lies in the terminology itself. The term executive summary can actually mean two things. An executive summary can be either a single section in a long business plan which serves as the opening section. An executive summary is also sometimes a term that is used to refer to a one or two page business plan that is compact. In this article we will go over both kinds of an executive summary to make both clear. If you would like to learn how to write a full business plan, check out this article on how to write a business plan.
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