LivePlan Blog Page 18

Posted September 5, 2019 By Chase Garbarino

The Complete Guide to Successful Onboarding and Training

Successful onboarding is more than just introducing your new hire to the team. Here’s how to create an onboarding and training program for your business.

Posted August 22, 2019 By Blair Nicole

5 Myths About Scaling a Business to Know Before You Grow

Scaling a business is something nearly all startups struggle with—but dispelling these common myths about scaling will make it easier to create a plan for growth.

Posted June 13, 2019 By Vivek Patel

4 Reasons Your Profitable Small Business Might Be Struggling

On paper, you’re generating enough revenue to cover your expenses, and then some. But when you go to pay your bills, you’re short. Here’s why.

Posted June 5, 2019 By Sabrina Parsons

How Small Businesses Can Make Big Financial Decisions Better

If you’re trying to grow your business, you need to spend money. But, you’ll want to weigh any decisions carefully against the opportunity. Here’s what to keep in mind.

Posted May 30, 2019 By Caroline Cummings

Minimum Viable Partnerships: A Lean Startup Approach

The MVP approach to business partnerships means prioritizing strategic alignment and starting with smaller tests to validate the benefits of the partnership before you go all in.

Posted May 16, 2019 By Noah Parsons

A Fast and Easy Way to Build an Expense Budget

Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.

Posted February 28, 2019 By Jeff Winters

Your Buyer Persona Can Help You Connect Authentically With Prospects

Mass communication, and even personalized communication, isn’t going to foster true connection with your customers. The key to authentic connection? Relevant communication. Learn the key difference between personalized and relevant communication, and how to create it within your business.

Posted January 31, 2019 By Noah Parsons

What Is a Balance Sheet, and How Do You Read It?

The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s why the balance sheet matters, and how to read and create one.

Posted January 17, 2019 By Diane Gilleland

My Business Plan Is Finished—Now What?

Congratulations—you put a lot of research and thought into writing your business plan, and it’s finally finished! But now what? Here’s what to do once your business plan is finished—and how to turn that finished business plan into strong business management habits.

Posted December 20, 2018 By Noah Parsons

Profit Margin: What It Is and How to Calculate It

Profit margin (also called operating margin) shows how much profit your business makes on every dollar of sales, before paying interest payments or taxes. It is usually expressed as a percentage. Here’s why it matters, and how to calculate the profit margin for your business.

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