Blog


Recent trends, advice, and resources for business plans and early stage business development.

Resources

Why the Management Summary Might be the Most Important Part of Your Business Plan

8 min read

How to Write a Management Summary for Your Business Plan

Entrepreneurs are often celebrated for their uncanny ability to understand others – their customers, the market, and the ever-evolving global...

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Seeking Startup Success: Understanding the Role of Business Plan Consultants

7 min read

Going Beyond Writing: The Multifaceted Role of Business Plan Consultants

Most people think of a professional business plan company primarily as a "business plan writer." However, here at Masterplans, we choose to approach...

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Exploring Entrepreneurship Immigration: The E-2 Investor Visa

4 min read

A Comprehensive Guide to the E-2 Investor Visa Business Plan

Originating from bilateral treaties between the United States and specific countries, the E-2 visa provides a platform for foreign entrepreneurs to...

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How To Implement Your Business Plan

7 min read

Implementing Your Business Plan: A Marathon AND a Sprint

As a runner, I know the feeling of lacing up my shoes, stepping out the door, and hitting the pavement. It's not always easy. Some days, I'm full of...

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Igniting Success: How Your Business Plan Can Fuel Growth & Innovation

7 min read

Understanding The Distinction Between a Business Plan & Business Planning

In the dynamic world of entrepreneurship, our choice of words matters. Our vocabulary can often become a veritable alphabet soup of jargon, acronyms,...

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The High Wire Act of Business Planning by Masterplans

8 min read

Common Mistakes to Avoid When Writing a Business Plan

Crafting a business plan is a delicate balancing act. It demands a deep understanding of your market, a clear value proposition, realistic financial...

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How to Build a Bionic Suit: A First Conversation With A.I.

15 min read

Sibling Showdown: The Great AI Debate

When my brother and I engage in conversation, I brace myself for a battle of wits. He's an intellectual force to be reckoned with — well-read,...

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Art of the Pitch Deck: Products & Services

7 min read

How To Effectively Showcase Your Product or Service in Your Pitch Deck

Convincing potential investors to support your vision is no easy feat, especially if they don’t fully grasp the nature of your business. The...

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Putting the Fun in Funding!

9 min read

Choosing the Right Option to Fund Your Startup Business

Starting and growing a business is a challenging process that demands much more than just a brilliant idea. In the world of business, it is a...

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Frame Your First Dollar by Focusing on These Early-Stage Marketing Tactics

12 min read

Marketing for Startups: How to Make Your First Sale and Build Your Business

I may be showing my age in this era of tap-to-pay, but I remember when many businesses displayed a framed one-dollar bill on the wall. Perhaps you’ve...

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Faces in the Crowd: Use Customer Personas To Write a Better Business Plan

6 min read

Using Customer Personas To Write A Better Business Plan

If you've ever seen a customer persona, you know they are very detailed and easy to understand at a glance.

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Location. Location. Location.

10 min read

Find the Right Space at the Right Time: Selecting A Business Location

We’ve all heard the phrase: Location, location, location. Where you place your business is one of the most critical decisions you will make. If you...

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Business Plan 101: All Your Questions Answered

5 min read

Writing a Solid Business Plan: Fundamentals and Principles

I’ve worked as a business plan writer since 2006, and it’s been a remarkably fun and fulfilling career for me. I get to see entrepreneurs of all...

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Silver Lining: The Good News About a Bad Economy

5 min read

From Layoffs to Innovation: How Economic Downturns Spark New Business

It’s hard to go a day without hearing a report of another major corporation laying off workers. Layoffs are painful for everyone involved, especially...

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How to Make Your Side Hustle Your Main Hustle

4 min read

Making the Leap from Side Hustle to Full-Time Entrepreneur

2022 was the year of the side hustle. Recent data from Zippia show that 45% of working Americans have a side job, and that percentage rises to 70%...

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Can you afford your SBA loan? Check out our startup business loan calculator

7 min read

How Much Will My Startup Cost?

One of my favorite aspects of financial modeling is that it is a logic puzzle. You take one piece of data and figure out how it is related to other...

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