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It’s been hard to miss the buzz around Artificial Intelligence. The rise of large language models like ChatGPT is impacting fields like education, healthcare, media, and perhaps most of all—it’s shaking up the world of business. A recent Forbes Advisor survey found that over 50% of business owners are currently using or plan to use […]
While a startup is technically a small business, not all small businesses are startups. There are often key differences around company goals, strategies for growth, funding and organizational structures.
Accurate financial forecasts are vital to providing effective advising services. It provides the roadmap for you to guide your clients and help them make strategic decisions. Having a viable financial forecast to reference when advising reinforces the need to look forward and reflect on performance, rather than getting caught up in day-to-day business operations. Financial […]
The firm CB Insights recently surveyed over 100 founders about why their startups failed. Their research found 12 common reasons. Running out of cash was the top reason, with 38% of founders citing it as a reason for their failure. But right behind it, at 35%, was that their startup didn’t fill a market need. […]
In the world of higher education, it’s easy for professors to lean on academic frameworks of business and startup planning, and lose track of the hands-on experience that’s most beneficial to an entrepreneur.
The accounting and consulting industries are changing rapidly, and your clients are turning to you for advice on their business growth challenges and opportunities.
Small business advisors who embrace the latest consulting tools can set themselves apart from competitors.
Understanding the differences between reporting and financial forecasting will help you master the business advising process.
Business advisors today must counsel owners and entrepreneurs through a wave of economic headwinds.
Whether you’re an accountant, consultant, business instructor or mentor, LivePlan has a wealth of tools to streamline your work.