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Why is Market Research Important?
Why is market research important for small businesses? Most importantly it helps you understand your customers and minimize risks. Here are a few other reasons.
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Why is market research important for small businesses? Most importantly it helps you understand your customers and minimize risks. Here are a few other reasons.
The third installment of our small business survey reporting delves into how current business owners approach ongoing planning when navigating current challenges.
LivePlan recently surveyed 160 up-and-running small business owners to understand how confident they are in navigating their businesses through today’s challenges.
You can’t generate a good business plan using AI. But with a human touch, AI can still be used to help write your plan. Here’s how.
Learn how to generate key market segments using ChatGPT and how to apply a human touch that ensures accuracy while expediting your research.
As a leader in business planning insights and innovation, the LivePlan team has been closely following AI developments and their implications for entrepreneurs and small business owners.
We surveyed 160 small business owners to better understand the entrepreneurial landscape and owner sentiment around business planning and management.
Forecasting revenue and expenses is the start of your business roadmap. One that helps you set sales targets, reduce spending, and uncover strategies to improve profitability.
This article covers creating both forecasts in four simple steps using LivePlan.
To give the best advice possible, advisors must help small business owners look into the future through their financials. That’s where financial forecasting comes into play.
Tools like ChatGPT, Claude, and Bard have opened up intriguing new possibilities for entrepreneurs looking to streamline the business planning process.