Planning | The Small Business Support Network

When It’s Time To Close A Business – Don’t Let Your Business Ruin Your Future

by Carrol McCarren | Apr 28, 2016 | General Planning, Planning

Many entrepreneurs will face the fact that their business is no longer viable. They have become less profitable – or unprofitable. Revenue is declining. The market is just not there for whatever reason. Too often owners will hang on hoping for a miracle that never...

SWOT Analysis

by Carrol McCarren | Feb 9, 2016 | Business Plans, Planning

SWOT ANALYSIS What is SWOT Analysis: SWOT analysis is a planning and management tool which evaluates the Strengths, Weaknesses, Opportunities and Threats of your business, a planned expansion, product or project – anything you need to carefully weigh before going...

Why You Write A Business Plan

by Carrol McCarren | Jan 13, 2016 | Business Plans, Planning

Why Write a Business Plan? There are a host of things you must do every day: you have to attend to sales, pay your bills, manage your employees…. it’s a long list. But you are not required to write a business plan. So when there isn’t time to do what you must to do,...

Selling Your Business

by Carrol McCarren | Jul 10, 2015 | General Planning, Planning

The Time is Right For Selling Your Business There are two rules you should know about in the brokerage of closely held companies: The value of your business is determined by how much profit you show on your tax returns. How much you actually made is irrelevant. Your...

You Know What You’re Doing, Why Do You Need A Business Plan?

by The Small Business Support Network Experts | Oct 18, 2014 | Basics of Planning, Planning

There are a host of things you must do every day: you have to attend to sales, pay your bills, manage your employees…. it’s a long list. But you are not required to write a business plan. So when there isn’t time to do what you must to do, it’s understandable that...

Sometimes Closing Down The Business Is The Right Move

by The Small Business Support Network Experts | Oct 17, 2014 | General Planning, Planning

If you’ve decided the most expedient plan is to close your business, you will need a coherent strategy to exit with the minimum amount of grief for everyone involved. A Sole Proprietor can make the decision to dissolve on his or her own. A partnership, LLC, or...