Get And Sign By Covering The Points Below You Are Essentially Writing A Business Plan Form
Quick guide on how to complete by covering the points below you are essentially writing a business plan
SignNow's web-based application is specifically created to simplify the management of workflow and improve the whole process of proficient document management. Use this step-by-step instruction to fill out the Get And Sign By Covering The Points Below You Are Essentially Writing A Business Plan Form promptly and with ideal accuracy.
The way to complete the Get And Sign By Covering The Points Below You Are Essentially Writing A Business Plan Form on the web:
- To start the form, use the Fill & Sign Online button or tick the preview image of the blank.
- The advanced tools of the editor will lead you through the editable PDF template.
- Enter your official identification and contact details.
- Use a check mark to point the answer where necessary.
- Double check all the fillable fields to ensure total accuracy.
- Use the Sign Tool to create and add your electronic signature to signNow the Get And Sign By Covering The Points Below You Are Essentially Writing A Business Plan Form.
- Press Done after you complete the document.
- Now it is possible to print, save, or share the document.
- Address the Support section or contact our Support staff in the event that you've got any concerns.
By using SignNow's complete solution, you're able to execute any essential edits to Get And Sign By Covering The Points Below You Are Essentially Writing A Business Plan Form, generate your personalized digital signature within a few quick steps, and streamline your workflow without the need of leaving your browser.
Create this formin 5 minutes or less
Video instructions and help with filling out and completing By Covering The Points Below You Are Essentially Writing A Business PlanForm
Instructions and help about By Covering The Points Below You Are Essentially Writing A Business Plan
I wish to write a book. Where do I begin? How do I know whether I have what it takes to write a successful book?Step by Step Guide to Start Writing a BookStep 1: Pick a GenreTake a quick glance at your bookshelf. What do you see? Mills and Boons historical romances? Charles Bukowski’s Dirty Realism? Paperbacks straight from the NYT Bestsellers list? Anne Rice vampire rip-offs? The complete Dune and Foundation series?Picking a genre is the first step in writing a book. Don’t base this choice on what genres sell best, but what you like to read. A hardcore sci-fi fan writing a ‘new adult’ novel is only going to produce a shoddy book – if she finishes it at all.In other words, write for yourself, not the market. Stephen King puts it best:“When you write a story, you’re telling yourself the story. When you rewrite, your main job is taking out all the things that are not the story. Your stuff starts out being just for you, but then it goes out.”Step 2: Start from the EndEndings are the hardest part of any story. Don’t take our word for it; just ask any writer buddy of yours. Most beginners start out strong but find themselves flummoxed by the time the ending draws near. It doesn’t help that the ending is also the thing that stays longest with readers.So before you put a single word to paper, figure out how your story ends. Not how it begins – that can be redrawn and revised indefinitely – how it closes. Work your way backwards. How does the character(s) signNow his/her ultimate fate? What are the catalysts that lead to the close? What was their origin? And so on. Your plots will sound much more plausible and you’ll avoid the dreaded Deus Ex Machina that plagues so much fiction.Step 3: Create Your CharactersCharacters, not plots, are the soul of good writing. You don’t recall the story from Henry V; you recall Falstaff. The plot of Catcher in the Rye is mostly superfluous. It’s Holden Caulfield who holds your attention. Same with Sherlock Holmes, Atticus Finch, and Hercule Poirot. Characters stay with readers for generations, the stories are mostly forgotten.This is why you must draw out your characters before you start writing the book. These tips should help:Write a Character Biography: When was the character born? What is her name? Who were her parents? Was she rich, poor, or middle-class? Where did she go to school? What did she study in college? Answering questions like these will help draw a deep portrait of the character and make her more convincing.Understand the Character’s Motivations: What does your character want? What are her motivations for doing what she does?Understand Character Arc: Character arc refers to the character’s development through the story. The essential quality of every good character is change. For example, Harry Potter starts off naïve and ends up a steely eyed adult, while Frodo Baggins is a nobody from Shire who ends up as the savior of Middle Earth.Understand the Struggle: “Character A wants B, but C stands in the way”. How A manages to overcome C and get B is the heart of any story. For example: Rocky wants to be a champion, but crushing poverty and Apollo Creed stand in his way. How he overcomes this is the meat of Rocky, not the final fight itself.Step 4: Make an OutlineOnce you have your characters firmly in place, start creating an outline of the plot. This is meant to serve as a very rough guideline to hold the plot in place. You don’t have to follow it word for word; feel free to improvise while you write.Chiefly, the outline should:Give a brief overview of what happens in each chapter.Delineate the primary struggle in the novel.Show how different events and characters interact and affect each other (A murders B, C takes the fall, etc.)Allow plenty of room for improvisationStep 5: Write the First Draft“There is nothing to writing. All you do is sit down at a typewriter and bleed”-Ernest HemingwayThe first draft is where you discover the story by yourself.As you write, you’ll find characters and plots growing in directions you’d never thought possible. The outlines you wrote earlier will often be discarded as you experiment with characters, plots, styles and forms. This is a place for you to break the mold and push yourself creatively. Don’t bother being perfect; the faster you can jot down ideas on paper, the better. Eventually, this rough collection of thoughts, ideas, and plotlines will come together into a comprehensible book – after due editing and countless revisions of course. For now, focus on writing – anything.Step 6: Get Yourself a DrinkNow that you’re done with the first draft, head over to the nearest watering hole and grab yourself a drink. You’ve earned it.Step 7: RewriteThis is the part where most writers fail. Slinging out a rough draft is easy enough; turning that incomprehensible mess into something readers would want to read takes time, patience and practice.Ideally, you should give yourself a few months between first draft and first rewrite. This gives you the creative distance necessary to analyze the writing dispassionately.Ask sharp, pertinent questions – does the plot make sense? Are the characters convincible? Is the pace too slow? Too fast? Is the writing crisp and creative enough? Is the story fun to read?The first rewrite should take you considerably longer than the first draft. Don’t worry about getting every word right – you’ll take care of that during editing. For now, focus on pulling the rough ideas in the draft into a narrative that actually makes sense.Step 8: Edit“Write Drunk; Edit Sober”– Ernest HemingwayDone with the first rewrite? Don’t start partying yet. There is still lots of work to be done.Editing is the opposite of creative writing. Instead of spinning beautiful metaphors and creating lush imagery, you have to actually delete linguistic flourishes. The amazing adverb you found after an hour’s search in the thesaurus? Gone. Those long-winded, poetic asides? Deleted.This is where, as Stephen King puts it, you must “kill your darlings”.To make this murder slightly easier, follow these tips:Minimize Adverb Use: Adverbs are the lazy man’s writing crutches. They reduce into a single word what should generally be conveyed by context. “He walked quickly to the door as Lily pulled into the garage” is not bad writing, it’s lazy writing. Try being more descriptive – “He rushed to the door as soon as he heard Lily’s car pull into the garage”.Use Plenty of Synonyms: This quote from Dead Poet’s Society says it all:“So avoid using the word ‘very’ because it’s lazy. A man is not very tired, he is exhausted. Don’t use very sad, use morose. Language was invented for one reason, boys – to woo women – and, in that endeavor, laziness will not do. It also won’t do in your essays.”Tighten Up: A book is no place for lazy writing. Take out words and passages that aren’t absolutely crucial to the story. Your book should be half its original length after a solid round of editing.Get Outside Help: Most writers don’t have the critical distance to edit their own books properly. Consider getting outside help – a professional editor or a friend – to look over your manuscript.Step 9: Party!Congratulations – you’ve now written your very first book. This is the time to hit the clubs and party hard. Then wake up next morning and start working on your second book!Source : UdemyEdit : Thanks a lot guys for your upvotes. I am sharing a small guide on how to write a book in 2018. Lets have a look on it too.How to Write a Book in 2018: A Definitive Guide for WritersSo you want to learn how to write a book in 2018?I think you'll agree with me when I say learning to write a book for the first time is a challenge.Let’s tackle that.Over the past few years, I’ve written a 60,000+ word book about productivity, a novella and several short stories. I’ve also recently completed a 60,000+ word book about creativity.I’ve faced a lot of painful mistakes while writing books, and I’ve also learned a little bit about how to write a book.In this post, I want to explain exactly how to write a book based on what I’ve learned.I also want to reveal some of my mistakes and some proven book writing tips, so you can get started writing a book today.Caveat:Although I write fiction and non-fiction, my specialism is non-fiction writing.In this guide, I focus on how to write a non-fiction book in 2018.That said, you can still use some of the lessons from this post if you want to learn how to write a fiction book.GET A SPREADSHEET FOR TRACKING YOUR WRITINGContents [hide]Commit to Writing Your BookWhat You Need to Know About Writing a Book for the First TimeDetermine Why You Should Write a BookResearch Your AudienceEstablish What Your Book is AboutDecide What Type of Writer You AreBudget for Self-Publishing Your BookResearch Your BookInterview Experts for Your BookKnow When to Stop Researching and Start WritingOrganise Your Ideas and Outline Your BookSet a DeadlineWrite That Messy First DraftManage Your Writing Time Like a ProTrack Your ProgressLet Your Work SitWrite Your Second and Third DraftsHire an EditorHire a ProofreaderFormatting and Publishing Your BookKnow When You’re at The EndCommit to Writing Your BookCan anyone write a book?Writing your first book is a time-consuming creative project that demands months (or even years) of your time.Before you decide to write one ask yourself if you have the mental resources, the creative energy and the time to do it.You do?Great.You’re going to have to write almost every day and sacrifice other things in your life or rearrange your day so you can put writing first, if only for a little while.When I wrote my first book, I gave up playing Call of Duty and Halo because I didn’t have the time to write and to play games.In other words, like anything worth doing, you must stick to your commitment when times get tough, when you feel like you’re not progressing as fast as you’d like or when the writing is more like work and less like something you’re passionate about.You must adopt the mindset of a professional writer who doesn’t call in sick or give up because he or she doesn’t feel like doing the work, you must become a professional writer who goes in and gets the job done.What You Need to Know About Writing a Book for the First TimeThis is because you may be unsure of what a book should achieve and how to publish it. Book writing, like any skill, takes time to develop. You need to learn skills like writing the first draft, self-editing, arranging your ideas and son on.Stephen King, for example, threw a draft of his first book in the bin. His wife fished the book Carrie out of the trash and encouraged him to finish and publish it.It took me three years to write my first novella, and it took me a year to write my second book.Determine Why You Should Write a BookMost people leave out how lonely the writing process feels when you’re starting off.You have to spend hours researching your book, writing and rewriting it, and sitting alone in a room with only your words and ideas for company.If you’ve never written a book the isolation is difficult to get used to but don’t worry, it’ll pass as you get into the process of writing a book.Now the people close to you may understand what you’re doing, but don’t count on it!Listen to this: one new writer struggling with his book emailed me to say:“One of the reasons I have not gone farther with writing is because family sees me working at a computer, or like today with a cell phone and thinks I’m goofing off.”You’ll be able to handle isolation, other people’s judgments and keep motivated if you know why you should write a book in the first place.Here are some questions to ask yourself:Is my book a passion project?Am I writing this book to improve my craft?Will this book help me advance my career or become an expert in my field?How will I serve existing or new readers with my book?Is a book the best medium for me to express my ideas?Do I want to generate a side-income from my book and if so, how much?Do I have a plan for the marketing, promotion and distribution of my book?Will this book help me advance my dream for writing full-time?Have at least four to seven reasons for why you’re writing a book in the first place because they will help you keep motivated when you feel isolated or when others question what you’re doing.Why do I write books?To practice writing and improve my craftTo help other writers and readersTo deepen my knowledge of various topicsTo earn a side-income from book salesResearch Your AudienceAs a savvy, writer it’s your job to find out what your audience wants, likes and dislikes.Spend an hour or two browsing Amazon and finding Kindle books about your topic. Look for books in your niche with a sales ranking below 30,000.Typically, these books sell at least five copies a day, meaning they’re popular with readers and earn a return for the author.Read at least five of the books in your niche, taking note of the titles, categories and ideas behind each book.So, how do you get new ideas for your book? Study the good and bad reviews for these books, so you can see what readers liked and disliked and how you can do better.One great way to do this is to combine several different ideas from different books and then remix them with your writing.Figure out what you’re going to say that’s different because if you want to add value for readers, you must offer something other writers (your competition) don’t.Establish What Your Book is AboutAlthough you may have a vague idea of what you want to write about, you’ll save a lot of time if you clarify your idea before you start writing.So how do you get ideas to write a book?Get a blank piece of paper and spend an hour asking and answering questions like:Who is this book for?What’s the big idea behind my book?What am I trying to say?How is my book different to everything else that’s out there?Why should people spend their money (or time) reading my book?What can I offer that no one else can?Nobody has to see your answers, so be as honest as you can.You might know what your book is about, but does your reader?Unless you’re writing fiction or literary non-fiction, craft a positioning statement for your book, so you know what it’s about in one sentence.Here are three templates:My book helps ________________ who ________________ get ________________.My book teaches ________________ how to ________________.My book helps ________________ who ________________ achieve ________________.And here’s my positioning statement for my book about creativity. “My book helps people who don’t think they’ve any ideas become more creative.”Doing this extra work upfront will help you avoid spending hours writing a book, only to find you hate your idea. And if you’re self-publishing your book, your answers will also help you market your book so readers care.Decide What Type of Writer You AreThere’s two types of writers: pantsters and plotters.Pantsters are writers who sit down in front of the blank page with only a vague idea of where they are going or what the story is about. They write from the seat of their pants inventing things as they go along and are happy to see to see where their characters take them. They write with a connection to God, their muse or their sub-consciousness. Stephen King is a pantster.Plotters are writers who spend weeks or months organising their ideas, deciding what they want to write about in advance. When plotters sit down to write, they have a strong idea of what they’re going to say and they’ve the research to back it up. Robert Greene, the author of Masteryand the 48 Laws of Power, is a plotter.I’ve tried both approaches, and there’s nothing wrong with either.You’ll discover what type of writer you are (and your voice will emerge) if you turn up and do the work.Remember, as Seth Godin says, everybody’s writing process is different.After years of painful rewrites, unfinished manuscripts and pulling my hair out, I found out that I’m a plotter. I like to know what I’m writing about in advance. I NEED to know what I’m writing about in advance. Today, I’m convinced being a plotter lends itself well to most types of non-fiction writing.Budget for Self-Publishing Your BookI’ve written before about the cost of self-publishing a book.Writing a book is free (unless you count your time) but publishing a book is not. So please, budget for hiring an editor, proofreader and a cover designer. Recently, I spent:USD2000 on an editor for a 60,0000-word book about creativityUSD500 on a proofreaderUSD250 on a cover designerAnd what else did I budget for?Well because I’m self-publishing this book I set aside several hundred dollars for Facebook ads and for various book promotional services on Fiverr. You can get all of the above for cheaper (which I’ll explain), but please understand that having an editor, proofreader and cover designer is non-negotiable.Here’s the truth: If you want to write a book readers enjoy, you must invest more than just time in your book.Research Your BookRobert Greene says he reads 300–400 books over the course of 12–24 months before he starts writing a book. He uses an analogue system of flashcards to record lessons and stories from each of these books and highlights what he reads. He says “I read a book, very carefully, writing on the margins with all kinds of notes.A few weeks later I return to the book, and transfer my scribbles onto note cards, each card representing an important theme in the book.”You may not be writing a book as dense as Robert’s but research is an important part of learning how to write a book. Have a system for recording and organising your research.You could use Evernote like I do, create a mind map or use index cards like Robert. I use my Kindle to highlight key sections in books I read. Once a week I review these highlights and record notes about them in Evernote. This way, I have a digital filing system of everything I’ve come across.Interview Experts for Your BookIn another life I was a journalist, and part of my job involved interviewing politicians, business people and even authors.Can I be honest with you?The interviews that caused me the most problems were over 60 minutes long because they took hours to listen to and transcribe.Don’t make my mistake. I recommend keeping your interviews between 30–60 minutes and working out what you want to ask interviewees about in advance.You can also save a lot of time by getting your interviews transcribed for a dollar a minute using Rev.Know When to Stop Researching and Start WritingSo, how much research is too much?Well, Robert Greene’s books are dense 500+ page non-fiction books filled with historical stories and psychological insights. In other words, research forms the backbone of what Robert writes.Your book might not depend on so much research up-front. There comes a point where research stops being helpful and transforms into a type of procrastination.Besides, you can always continue to research you book as you write… once you have a system for capturing your ideas as you go.Organise Your Ideas and Outline Your BookOutlining my bookI outlined my book about creativity in advance. I started by reading dozens of books about creativity over the course of a year before deciding to tackle this topic.Then, I free wrote about creativity for an hour or so.Then, I extracted the ideas I wanted to write about. I turned them into provisional chapter titles and recorded on them on twenty index cards, one for each chapter.On each card, I created a rough list of ideas in the form of five to ten bullet points. I also noted other books and stories to reference.Then, I pinned these index cards to a wall near where I write so I could live with this outline for a few weeks. I spent several weeks working on this outline before transferring it to my computer and expanding upon each of the bullet points.Why did I do this?I wanted to spend as much mental energy during the planning stage as I could so that when the time came to put words on the page, I wouldn’t have to worry as much about what I was saying.Outlining my book with pen and paper, and then later with Evernote, helped me figure out what I wanted to write about in each chapter, identify gaps in my research and problems in my work UPFRONT.Obviously, my outline and table of contents evolved while I was writing the book, but when I was starting from ‘Total word count: 0’, my outline served as a map. It saved me time and helped me beat procrastination.Set a DeadlineProfessional writers work to deadlines.A typical non-fiction book is between 60,000 and 80,000 words, and a typical novel can be anywhere between 60,000 and 120,000 words. (That said, there’s a case for writing shorter non-fiction books if you’re self-publishing)So, if you want to write a non-fiction book, and you commit to writing 1000 words a day, it will take you 60 days to write a first draft if you write every day.Do you need to write every day? If this is your first book, it’s unrealistic to expect you can write every day for several months. Instead, aim to write five or six days a week. If you haven’t written much before, set a more achievable target daily word count along the lines of 300 or 400 words.Then, with some basic maths and a calendar (I use Google’s), you can work out how long writing the first draft of your book will take and set yourself a deadline.Write That Messy First DraftWriting the first draft of a book is intimidating. You look at the blank page in front of you and you wonder how you’re going to fill this page and hundreds of other pages to come. Don’t overthink it.Instead, find somewhere you can write quietly for an hour and do all you can to get the words out of your head and onto the blank page.The first draft is sometimes called the vomit draft because you just need to get it out! Don’t stop to edit yourself, review what you’ve written or to see if what you’re saying makes sense.I find it helpful to set a target word count for my writing sessions. I usually aim to write 1500 words in an hour, set a timer and open signNowner. Then, I keep my fingers moving until I signNow the target word count or until the buzzer sounds.While you’re writing your first draft, keep your outline and notes nearby, to guide you through each section in your chapter.My writing isn’t good enough, I feel like I’ll never finish my first draft!A writer asked me this question a few weeks ago.First of all, the job of your first draft is simply to exist, so please don’t worry about the writing… that comes later. If you feel like you’ll never finish it, start writing in the middle of the chapter that’s causing your problems.Here’s why: Introductions explain what you’re about to say next, but how can you write an introduction if you don’t know what comes next?Similarly, conclusions wrap up what you just said, but how can you write one if you don’t know what you just said! Jumping straight into the middle of a chapter will help you gain momentum faster. Then, take your first draft chapter by chapter.Tip: Speech to text software will help you write faster.Manage Your Writing Time Like a ProI wrote my first book when I was working in a job I disliked, just after my wife had our daughter.I didn’t have enough free time to write eight hours a day. Even if I did, I lacked the mental discipline to do it.When I was starting out, I wrote every night after 9 PM when the kids were in bed. However, I quickly found that when I put writing last in the day, it was least likely to happen.Now, I block-book time in my calendar for writing every morning at 6 AM, and I do all I can stick to this. It helps that my daughter is now five. IIf you’re a new writer or you’ve never written a book before, you’re probably balancing writing your book with a job and family commitments. So, pick a time that you’re going to write every day, block-book it in your calendar and do all you can to stick to it.Managing your writing time also means saying no to other activities and ideas… if they take you away from the blank page.Did I ever tell you about the podcast I almost launched? Well, I had a great idea for a podcast, and I even bought all the audio equipment, but then I realised spending time on a podcast would have taken away from writing my creativity book.Track Your ProgressOne of the biggest tips I can give you for writing your first book is to track your daily word count and how long you spend writing each day.Ernest Hemingway recorded his daily word count on a board next to where he wrote, so as not to kid himself.Tracking your daily word count will help measure your word count and see how far you need to go to signNow your target for writing your first book.Your daily word count becomes less important when you’re writing the second and third draft or editing your book.During these rewrites, you should be more concerned about shaping your ideas and working on the flow and structure of your book than an arbitrary word count.When you’re at this point, it’s more helpful to know long you spend rewriting or editing your book.No matter the stage of your book, you should be able to :Review your word count and how long you write forIdentify if you signNowed any milestones like finishing a chapter or sectionSee what’s holding you backFigure out what you need to write or research nextTrack your wordcount in 2018Remember, what gets measured gets managed and what gets managed, gets done.Source : How to Write a Book: The Seriously Ultimate Guide for New Writers
Where can web startups learn about financial modeling that accounts for the important metrics and costs?I am a big believer in the importance of storytelling when it comes to advancing your business. A financial model is one of the mediums through which your company can tell its story, even without the operational history one might assume would be necessary to persuade investors or make smart decisions about the direction of the business.Perhaps the best person to look to for help with financial modeling for startups is Taylor Davidson from ForesightI had the chance to sit down with Taylor and talk with him about the experience both of us have had building financial models for startups as well as what it takes to build a compelling model to make sure you are hitting all of the important points.Note: You can read the entire post I put together from that conversation on the Visible BlogFinancial Modeling TL;DRLook holistically at your business and understand what you are trying to achieve with your model (fundraising, new distribution strategy, etc.)Think deeply about the 5-15 most important things that will drive your success as a business. These are called assumptions. Stress test these to understand the range of outcomes for your model.Don’t reinvent the wheel…use a template. There are a number of free or paid templates and tutorials to help you make sure your spreadsheet (a component of the financial model) is effective.Focus on "Range Estimate" not "Point Estimates"Don't underestimate Customer Acquisition CostsDo your homework...There is a tremendous amount of information available, for free, that can help you gauge your performance and benchmark your growth. We mention the Pacific Crest Survey below. Other great resources include AngelList, Mattermark, and the blogs of comp(anies embracing the Radical Transparency movement. On his own blog, Davidson suggests digging into startup post mortems. Another great place to start is on the Visible Reading List.In short, a good financial model consists of two things:Well thought out projections about the future of the businessA properly structured, understandable, and dynamic spreadsheetStarting w/ point #1, it is helpful to look outside of the tech world for some help. When Warren Buffett takes a stake in a company, he makes holistic decisions about the quality of the business as if he is purchasing the entire thing.When building a financial model for your company, taking a similar approach is smart. Before cutting the business up into individual pieces -- like metrics and costs as mentioned in the question -- take a global look at the business to understand what you are trying to accomplish as well as how the model you are building will help clarify your path to get there. For example, what does our company need to achieve over the next x periods...…in order to raise a Series A round?…to make our partnership with [Insert Big Company] profitable?…so that we can hit profitability and maintain optionality over how we finance our future growth (customers vs. investment)?…for this product or distribution decision (which puts a signNow amount of capital at risk) to pay off?You should keep in mind - especially in the early stages of a business - that the goal of a financial model is not to be exactly right with every projection. The more important focus is to show that you, as a founder or management team, have a strong handle on the drivers that will directly impact the success or failure of your business and a cogent plan for executing successfully.This quote, from statistician George E.P. Box, sums things up nicely.Mark Suster has a great quote, from this blog post, on financial model process as well:See I don’t care if your projections prove wrong over time. I care about your assumptions going in. I care about the thought that you’ve given to the customer problem. I care about how much you’ve thought about market share, competitors, adoption rates, etc.Top Down vs. Bottoms Up - How to Structure Your ModelLike I mentioned above, financial models and the way they should be constructed are not one size fits all. Depending on what the end goal for your financial model is, you can and should build it differently.Bottoms Up ProjectionsA bottoms up financial model – where you start with 5 – 15 key assumptions about the business – is most useful for a company contemplating a specific product direction, distribution strategy (i.e. invest in paid advertising), or a certain partnership that could have a signNow impact on the overall trajectory of the company.Top Down ProjectionsA top down financial model may be most useful for a company who, for example, knows that it will need to go out and raise $X million in a Series A round 1 yearfrom now and has spent time gathering data on what types of revenue, margins, and growth numbers they need to hit to have a successful fundraise. (Note: For SaaS companies, the Pacific Crest SaaS Survey is a fantastic way to benchmark your company)Maybe in this case, those numbers are $1.5MM in MRR with at least 100% YoY growth. With those in mind, you can work backwards to understand how much you need to grow and which distribution channels may provide the best bridge from where you are now to where you need to be.Does this make sense?While putting together projections, sanity checks are important. To best understand how sensible your projections are, it can be useful to look at things in both directions – top down and bottoms up – to build the right ranges of possible outcomes for your business.As Taylor puts it:“Instead of agonizing over whether your conversion rate will be 2% or 5%, focus on the possible range or conversion rates and evaluate the results based upon the range of estimates, not the point estimate of 2% or 5%."Financial Models: The Lingua Franca of Important Business DecisionsAmong technology companies – especially ones located in a certain geographic region (Silicon Valley, cough, cough) – the very mention of a financial model evokes thoughts of calculator toting, tie-wearing, number crunchers sitting somewhere in a suburban cubicle.With the direction sentiment is shifting in the early stage market, this mindset couldn’t be further from reality. A well-built financial model displays a professional approach to running your business and reflects well on you and your management team.Financial models play a key role in the all of the major discussions you have about your business with all of your key stakeholders. A comprehensive financial model will have within it a number of different pieces that are relevant to different conversations within your company.Another Mark Suster quote lays out the importance of taking financial modeling seriously at your company:Financial models are the Lingua Franca of investors. But they should also be the map and the Lingua Franca of your management discussions.
How much time does it take to get a yes/no answer for Canada Express Entry after filling out all the form & signing up? How many points are needed for a positive answer, i.e. how many points do the people that are getting accepted have on average?The minimum that I know people got accepted is from 450 to 470 points.Usually when you fill up the information it tells you straight up if you are in the pool or not.By experience Canada’a express entry system is THE WORST THING EVER happened to the Canada’s immigration. It is literally a nightmare! The portal crashes, and sometimes only open between midnight and 3am. You literally need to be the luckiest person to have it work normally. What is worst about it: Is that the Canadian government keeps on saying they will fix issues, and in the same time calling it the best system ever, where it is the worst system I have ever seen. NO technical support whatsoever.Good luck in your application.My advice also, Canada is not as it advertises. It s quite hard out there, and people are racist (not to your face, but we a smile and in their mind, which is to the worst).I do not recommend Canada as a land for immigration, but I recommend Canada for studying. Schools there are pretty multicultural, and you do not feel the racism only when you go in the labour market or create your company.
How does one go about becoming a business analyst?You can become a business analyst just by knowing what a Business Analyst does. Surprised then read on.Business Analysis is a stream of work which everyone does in their day to day work as a software professional. There is no rocket science that you would have dealt with - the need for change and would have worked in either domain analysis, functional specification creation, requirements development , testing, bug fixing , go-live and post go-live support.Now if your designation is not business analyst then you need to go through a series of self-learning to understand what is the formal process of business analysis and what are areas you have never covered in your day-to-day work. Once you have done that you need to pick out the areas which you have worked upon and document it in your resume and work upon those areas which you haven’t worked upon.Then the next thing is to have your resume dressed up like a BA. Remember when you go to a party then you dress differently than when you go to office. Similarly your resume needs dressing up. To be recruited like a BA, you and your resume should start looking one. Talk the talk and walk the walk.I made a transition from being a project manager to product manager and have undergone training in my previous organization for BA. Here is link to my blog that I wrote last year Changing Tracks .Another piece of advice is do some case study where you actually do use the same techniques you have learnt. Broadcast yourself through blogs and make sure you are heard beyond the firewalls of your company. All in all enjoy the learning process and make sure you imbibe the spirit of business analysis. Learn to network and signNow out to recruiters.Lastly you don’t need an MBA but skills to be a BA. Though MBA may be an easier path , it still not impossible to be a BA without MBA.(Just that MBAs are preferred).
How likely are you to win a car from filling out a form at a mall? Who drives the new car home? What are your chances to win another car again?I am going to get pretty literal here. Please forgive meHow likely are you to win a car from filling out a form at a mall? In the US, at least, this is usually spelled out somewhere on the form or on a website listed on the form. If it is not, you could ask (and may or may not get a truthful answer). If none of this works, you could probably be able to guess using a few factors: * How many people take the time to stop and enter (what percentage of passers-by, multiplied by amount of typical or expected foot-traffic)?* Are multiple entries allowed? * How long will entries be accepted before the drawing? As a rule of thumb, if the odds aren’t stated (and usually, even if they are) the odds are probably staggering. If you multiply the amount of time it takes to fill out the form by the amount of forms you would have to fill-out before you had an even 1% chance of winning the car, you would likely do better using that time to get a second job. Oh, and lastly, realize that the reason they are enticing you with the chance to win a car is that they are collecting your personal information on the form. It usually is quite a cheap way to generate a LOT of personal data, add you to mailing/dialing lists, etc. They folks running the drawing often gather another great bit of psychology about you: person who fills out form likes to enter “something for nothing” type contests (the drawing itself). This can be valuable to advertisers.Who drives the new car home? By definition of “home” the owner (presumably the winner) would drive the car “home”. If the car is driven to your house by an employee of the company running the lottery, they would just be driving the car to the winners residence…not their “home”.Frankly, I am not sure of what is meant by this question. I would assume that any winner of the drawing would either pick up the vehicle and drive it themselves away from the drawing or other site where the prize was moved to, possibly prepped for delivery tot he winner, or someone would deliver it to the winner’s home by driving it or trucking it there.What are your chances to win another car again? Your chances of winning the next drawing you entered would be EXACTLY the same as they would be had you lost the previous one, as specified in item number one. The odds of winning/losing do not change based on previous outcome. Think about it this way: If I just flipped a coin and it landed on “heads” 50 times in a row, what are the chances that it will be “heads” on the 51st attempt? EXACTLY (assuming there is nothing about the coin or flip that favors one side over the other) 1 in 2 or 50%, just as it was the first flip, just as it will be on the 51st millionth.Now the probability of winning 2 drawings, each with 1 million entries is staggeringly small. But they are two separate events, each governed independently by their own set of probabilities. Landing on heads 51 times in a row or winning 2 cars in consecutive drawings would be matters of remarkable coincidence: respectively 50 1 in 2 or 2 one in a million events happening to share the same outcome.Good luck
What are the best survey sites to earn money or rewards and why?Updated best survey sites for January 2019. Use the links below to get the best current sign up offers for each:No.1: Inbox DollarsNo.2: SwagbucksNo.3: Prize RebelNo.4: My SurveyNo.5: Global Test Market(I recommend signing up for a few in one go as offers change regularly, and some of the better sites close their doors from time to time)(You may also want to check out our Top 20 paid surveys list)Wouldn’t it be nice to make money without leaving the comfort of your home? And how about influencing the design of new brands, recipes or political opinions while you’re at it?Filling out simple surveys online can be one of the easiest way of making money online, so we’ll be showing you the best options out there.It requires patience, as it can take some time, but can often be a quick way of making some easy dollars whilst watching television or listening to music. Surveys are not a get rich scheme – hourly rates are never going to signNow anything like a regular wage – but many people manage to turn idly filling in online forms into tidy sums to put towards holidays, home improvements or their new wardrobe!If you sign up to several sites, then you’re increasing your chances of making real money. By being a member of more than one panel, you can expect a variety of work. Here are our favourite five survey websites for money making, followed by a full guide on the top 23 best free survey sites.1. InboxDollarsInboxDollars is one the easiest and most convenient way to make some extra money online quickly – simply by just using the internet as you always do – browsing and searching. It’s a super popular site that pays in cash, rather than points, which makes it a crowd favorite.By watching video, playing games, shopping online, browsing news websites, and of course, taking surveys, you provide vital information to the platform and get rewarded in kind for it.You get a $5 bonus for just signing up, so I highly recommend that even if they don’t end up being one of your panels of choice – although I definitely think they will be.Their wide range of offers cover pretty much everything you can think of, so you can earn money from day one, with little effort, regardless of which activities you choice to focus on ( online shopping, web browsing, watching videos, , taking surveys, playing games, etc).All in all, they are the go-to all-in-one rewards club for smart, efficient consumers who choose to take advantage of the opportunity to make easy cash just by continuing their usual activities on their laptop, phone or tablet.To find out more, read our full in-depth InboxDollars review.2. MySurveyThe number one reason why I liked MySurvey the best out of the 30-something sites I had the privilege or misfortune to try, wasno doubt its versatility. This versatility is present not only in the reward system and the referral program – which are important aspects on their own – but clearly shows in their surveys too. Filling out boring surveys always feels like hard work, even though it’s really not if you think about it. With MySurvey, you will see a huge variety of different topics.Depending on the length of these surveys, you will be able to earn anything from 10 to 500 points per, provided you’ve managed to qualify of course. For more information, check out our MySurvey Review.The cleanly designed website has a large number of surveys, so you’ll get a chance to fill out plenty, and they are usually matched to your profile and interests. And to encourage you to stay active, monthly sweepstakes are run which randomly select 10 people and award them with 1,000 points each ($100) for regularly filling out surveys.As well as using your laptop, you can fill in MySurvey forms on the move by using their app available for both Apple and Android phones. This is perfect because surveys should really be about filling time, rather than dedicating particular time to them, so being able to pass time in queues or while commuting and simultaneously make money is very appealing.While I was timed out a couple of times, I have managed to successfully complete the vast majority of my surveys, and for more points (and equivalently, money) than at any other sites that I have tried. 1200 points equals to about $10 and you can get as much as 500 points for a single survey. That’s pretty good.The other thing is the reward system. There could be a service that offers even more options than MySurvey, but the sheer amount of possibilities that I’ve ran into here was simply astounding.Amazon gift cards and PayPal are obviously popular choices, so naturally like most sites MySurvey had those. These guys did not stop there though. At the time of writing (I double checked) they also offer various sweepstakes, gift cards to restaurants, you can donate to charities like UNICEF through them, they have iTune gift cards, their very own merchandising products and also Starbucks, Walmart and Tango gift cards among many more options!Summary: A real favourite, MySurvey is a popular panel allowing members to participate in market research surveys for money, covering topics like the media, tourism and products like electronics. It’s easy to set up an account on the site and begin earning points, which vary between 10 and 500 per survey, but are typically around the 100 mark for an average survey which would take 15 minutes to fill out.To top it off, their minimum required balance for withdrawals currently stands at a measly $10 limit, which is once again something that is very good for us survey enthusiasts. We don’t like when we are limited regarding our withdrawal options. At MySurvey, there are no such limits.3. SwagbucksOne of the most popular sites, and rightfully so, Swagbucks offers traditional surveys as well as a range of additional ways to make cash. Filling out surveys for money will reward you with points called Swagbucks which can be cashed out through PayPal, or redeemed as gift cards for shops including Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. As a sweetener, they’ll even give you $5 just for signing up.Swagbucks remains popular as they are a reliable site, offering novel ways to earn rewards, including playing games and watching videos. Completing polls and surveys for money takes around 10 minutes each and can make up the bulk of your time on the site. You won’t always qualify, and getting to a late stage in a survey application process and then finding out you’re not qualified can be pretty galling. The slickly designed website is straightforward and pleasing to use and also allows you to make money on your shopping by offering a range of affiliate links. By simply clicking on the Swagbucks link and shopping at sites including Amazon, Walmart and Nike, you will earn points, as those companies are paying Swagbucks to link to them, and you get a share of their fee.The site will even allow you to monetise your internet searches, if you swap from Google or Safari to their own search engine. The Swagbucks search engine, which is actually running Yahoo, will pay you Swagbucks every time you search. For games, there are options like Scrabble and Wheel of Fortune, which won’t pay you much, but could be worth a go if you fancied playing a game anyway! Swagbucks TV allows you to watch advertising videos on a range of topics, including news, fitness and entertainment. There’s a snag – your earnings are capped at 150 Swagbucks, but it is worth a look if you’re prone to wasting time watching viral clips.Free to join, the site runs a range of special offers, including awarding prizes at random, giving you daily targets to hit for which you receive bonus points, and posting deals on their social media feeds. They have a great new app and a strong referral scheme. However, like everything, it’s not perfect – it can start to suck up a lot of your time. Swagbucks runs on the premise of incentivising day to day internet use to make both you and them money, so it is worth being aware of this so it doesn’t end up seeping into too much of your life!To read more information about this company, you can check out our Swagbucks review.4. Prize RebelPrize Rebel has been operating for nine years, and has paid out more than nine million dollars in its time. On its home screen it also tells you exactly how much it has paid to its users in the last 24 hours. That’s really reassuring, particularly to those people new to paid survey sites and who worry that they might be a scam.This is certainly no scam, and by offering daily challenges, with extra points as rewards, they really encourage you to clock up your points. A hundred points is the equivalent of one dollar, and they can pay out in gift cards, via Paypal, and even in Bitcoins. For more information, check out Prize Rebel review.5. Global Test MarketGlobal Test Market’s tagline is that they are ‘a rewarding experience’, and their position inside our paid survey sites top 20 shows that’s pretty much the truth.From the moment you click on the site you’re greeted by a video showing you how it works, and how you can earn. It’s a nice, reassuring touch, so you won’t have to worry whether this is a legit site or not.Surveys available cover a broad spectrum, from household shopping, to restaurants and motor cars, so you’ll be able to find something you want to fill in, and something you’re eligible for. In 2014 they paid out around thirty million dollars, and it’s easy to gain a share of that money. Check out Global Test Market review.6. Vindale ResearchOne of the oldest and longest running survey sites, Vindale Research is a legitimate option for making some money from filling out surveys. Based in New York, the company offers both traditional surveys and evaluations, by testing products or online services. It’s free to sign up, and surveys pay between $1 and $5 each and product testing starts at $5 and moves up from there. The site claims signNowly higher rates of pay, but as this involves slightly inflated pricing, for example discounting fees you may have to pay out to join subscription sites before receiving your end payout, they won’t be included here.There’s lots of additional ways to boost your income on Vindale, including rewards for opening adverts sent to your email account, or small payments for watching advertising videos online. The site pays out in plain and simple cash, and doesn’t mess around with rewards or gift cards, which many people familiar with the survey landscape find a welcome relief. However, as with OnePoll, you’ll have to earn $50 before you can remove you money from the site, which may not be as tempting as some companies where the threshold is much lower.Sometimes survey invitation links direct you to other survey companies, rather than keeping things in-house, which can feel a bit like spam. As is common in the industry, you can sometimes get stuck filling out lengthy qualifying questions which take up to 30 minutes just to see if you’re eligible for a survey. Needless to say if you find out you are not then this is extremely frustrating.One nice feature is the ability to shop through Vindale, as they often have offers available through affiliate links. Before buying something new, like an appliance, it is worth signing into their easy to use website and checking if you can get it for less through Vindale. There’s also a popular daily consumer survey paying $1.50 which you can complete every day, for an easy and reliable boost.To learn more about Vindale Research, read our full review here.7. Pinecone ResearchPinecone is a notoriously exclusive company offering surveys and product testing – by invite only! While you can’t just sign up like our other top nine websites, Pinecone still makes it to the top, because if you manage to get in, it can prove to be extremely lucrative with great paying deals.Joining isn’t as straightforward as merely signing up, because you need an invite. However it’s not as tough as it sounds, as there are plenty of links doing the rounds online if you look hard enough, and Pinecone also advertises on websites, so you might get lucky by keeping an eye on banner adverts. Once you’ve signed up, you’ll be vetted to see if you qualify – based on whatever demographics their clients want at that point – and if so, the fun begins!This site pays highly – at least $3 a survey and up to $6 for testing products. If you stay with them, the pay even increases by a few dollars, taking the wage far above the standard survey rate. Owned by the renowned New York market research company Nielson, Pinecone offers a variety of content and emails surveys to members as and when they are suited to you.By only sending you questionnaires you are already qualified for, Pinecone wastes far less of your time than many sites which require you to fill our qualifying questions before starting each survey. However some users have said they don’t receive very many surveys, which could be a consequence of their careful filtering. Equally the site retains the right to remove you from their panel if you no longer fit their desired demographic, so make the most of your membership while you have it!Rewards are paid in points, with 100 points totting up to $1. You only need 300 points, or $3, to claim your funds, which is a lot lower than many survey sites. Pinecone pays out cash via PayPal, or like many sites, offers Amazon vouchers, along with those for other stores, including Walmart.Product testing can be a fun way to make some extra money and also get a chance to try something new before the general public. This should be treated as a bonus though, as you have no control over whether you’ll be chosen, as it is down to whether the company thinks you are the correct audience. The firm also runs lucky draws throughout the year, where you can win between $500 and $5,000, and you are entered into them as a reward each time you fill out a survey.For more information, read our full Pinecone Research review here.8. Opinion OutpostMainly conducting polls for governments, public bodies and the business world, Opinion Outpost is a popular survey site as unlike some sites, which require you to accrue a signNow amount before you can claim your money, it has one of the lowest payout thresholds. You only need to fill out five surveys, earning a couple of dollars, before being able to claim pay, so you can redeem your money more quickly.The free site screens you when you sign up, asking a range of questions so you can be sent the surveys which will be suitable for you. You can also join up with a social media account like Facebook or LinkedIn instead of using your email address. Filling out surveys for money with Opinion Outpost will first give you Opinion Points – with 10 points worth $1. Most surveys will take between 10 and 30 minutes and are worth anything from $1 to $5. Typical survey time is around 15 minutes, and participants are also entered into quarterly prize draws, touted to be for $10,000! However some people think their surveys don’t come around often enough, and completing some surveys will enter you into prize draws rather than paying out cash.With one of the lowest cash limits in the industry, you can get $10 out when you have accrued just 100 points. If you want to take your earnings in the form of a giftcard, the threshold is even lower, as you just need 50 points, equivalent to $5. Many other survey sites will only pay out after you earn much more, like $50. As with all good survey sites, Opinion Outpost allows you to take your earnings away in vouchers for big firms like Amazon or iTunes, or if you prefer money, to do so through Paypal. As well as paying out early Opinion Outpost also pays extremely quickly, often the same day or in some cases, immediately.Keeping on top of your emails is key so you don’t miss good deals, as they are emailed out at different times in the day. And while it is always frustrating to be disqualified from a survey, this website will try and offset this by entering you into their quarterly cash prize draw.9. TolunaA popular and free survey site, Toluna boats more than nine million users across the globe and is well known in the industry, having been running for 17 years. Offering questionnaires for you to fill in to provide leading companies with your opinions, Toluna also runs a range of internal games and schemes, as well as offering product testing to some lucky users who can bag free products.Like many survey sites, Toluna rewards you with points, which you can then cash out for vouchers for the usual suspects like Amazon and iTunes, or money through PayPal. A slightly novel element of the site’s payment plan is to offer the chance to take your points out early if you gamble them for prizes. While you have to store up a grand total of 60,000 points before you can claim vouchers for around $12 – something some people find to be a downside of the site – if you are willing to settle for a prize, you can play with just 500 points. You can decide to try your luck with a “giftie”, a kind of scratch card game. By gambling some points, you can see if you have won the gift or lost your points – so it is not one for the faint hearted!While product testing is offered, you’ll only get sent items if you qualify, and then it will only be a couple over the space of several months, so think of this as a bonus, rather than a regular part of your work. Some users get frustrated at the length of time they have to wait for vouchers to arrive after they order them – especially when somewhere like Opinion Outpost will pay out straight away. However it is unfortunately quite standard to have to wait weeks for payment from survey sites. Surveys range in duration from about 15 to 30 minutes and there are mini polls on the website which can help you tot up small amounts of extra points. Points do sometimes take days or even weeks to appear in Toluna accounts, which is worth noting.By filling out your user profile thoroughly, you’ll be able to make sure you get invites to surveys which are actually suitable for you. There are basic qualification questions at the start of each questionnaire too, to ensure you are suited to filling it out before you get going. And you can make the most of the huge Toluna community yourself too – if you want, you can create your own polls on the site to ask people about anything and everything! It’s a nice addition to be able to get involved and have in-depth conversations with fellow users.10. CashcrateCashCrate is a great site pairing traditional surveys with a range of unique deals that can help you make money online. After signing up with a few details and filling in a brief survey for your profile, so CashCrate can identify some basic demographics, you’ll be awarded your first 25 cents and be on your way to greater riches! The best deals and offers are available for US users, and the minimum earnings to have a payout from CashCrate is $20 – which they pay you and their six million users as cash.There’s a decent rate of surveys pinged your way as you can expect two or three emails a day inviting you to fill in particular questionnaires. In addition to this, there are freely offered surveys on their cleanly designed website each day which you can look through and decide if they take your fancy. Surveys on CashCrate are often outsourced to third parties though, so you can make more money on the survey side from other websites. Similarly they are known for passing your information on to other people, so to avoid the irritations of endless spam, make sure you set up a dedicated email address for your CashCrate account.As well as filling in the familiar surveys, you can sign up to complete free and paid offers, which is how many users say they make the bulk of their CashCrate money. In these cases companies will pay you to sign up to their website, or to try out the service they offer, such as a financial credit check. These are often quick, straightforward ways to earn a few bucks. As the name suggests, paid offers require you to pay out to claim the offer or to sign up for the service, but what you get back will cover this and add a small profit on top. If you’re signing up for a monthly service though, make sure to note in your calendar when to cancel it or you might find yourself out of pocket as they auto-renew each month.CashCrate gives you the opportunity to make extra money by watching advertising videos and you can win prizes by playing games and contest on the site. A particularly good feature is its generous referral program, which is head and shoulders above much of the industry. If you refer your friend, you’ll get 20 percent of their earnings! If that referred friend refers someone else, you will also earn another 10 percent of what that person earns. It’s in your interest then to sign up, sign your friends up and get them to work to make you some extra money from surveys.11. Valued OpinionsA well known survey panel, Valued Opinions is owned by leading market research company ResearchNow and is open to people in more than 20 countries around the world, including the USA, UK and Australia. The site uses a range of different languages and has around three million members busily filling in surveys and questionnaires. Most surveys taken will reward you between $1 and $5 and take up to around 20 minutes to complete, asking you about marketing, brands and products and even news events. There is a steady rate of invites to surveys, but you won’t always be qualified for them, which can become tiresome.Unlike many sites, Valued Opinions doesn’t offer you the chance to take cash rewards, at the moment limiting users to retail vouchers and gift cards. Electronic vouchers are usually with you within 24 hours but gift cards can take four to six weeks to arrive in the post. Once $10 has been earned, you can claim Amazon vouchers, Macy’s gift cards and Visa promo codes, among many other reward options dependant on your location. Surveys are said to be varied, but the gift card options less so, so check they are for stores you’ll want to shop in before you tot up lots of points.There have been some reports of technical glitches on the site preventing users from receiving their earnings, but customers services are contactable and said to clear up most issues for workers. Valued Opinions has a unique “badge” program, allowing its most active members to work up five levels of achievement from bronze through silver, gold and platinum to the top tier of diamond, by carrying out extra mini tasks.A small processing fee is charged when withdrawing earnings, which the site says is essentially their paperwork fee, so you’ll have to factor in a loss of a couple of dollars here and there. For example, if you want to redeem an Amazon gift card for $20, you’ll have to pay $22 from your account.12. OnepollRenowned for its short and sweet surveys, OnePoll is a great site for dipping in and out of, without having to dedicate loads of time to. As one of the earliest survey sites to be set up, OnePoll certainly has longevity. Founded in the UK, it is open to US users and those further afield and runs polls for the press and leading brands. This means the content is more engaging than it can be elsewhere and you can find yourself answering questions about celebrities or gossip. Many users praise their surveys for being quick, and even better – fun! Topics are not as dry as they can be on other websites, and by keeping the surveys brief, OnePoll is less likely to leave you bored or frustrated.Short and simple surveys are added on a daily basis, so there should be plenty on offer too. Unlike some online survey sites, OnePoll doesn’t email you out surveys or invites to complete them, so you need to get into the habit of checking your account on their website daily, or you’ll miss out.Rewards are paid out in cash and PayPal, but the catch of having short surveys is reflected in the pay, which can be miniscule per survey. As you need to earn $50 before you can withdraw anything, that’s a lot of low-paying surveys before you’ve made your money! Some people have complained online that once you get close to the withdrawal amount, the surveys dry up. One way around this is to refer a friend as you’ll receive a bonus when they sign up and you’ll hit your target to withdraw your funds. It’s a bit of a downside, but there are hundreds of very happy consumers who love the site, so it’s worth a shot, especially if you get fed up with the boring or repetitive nature of some of the quizzes elsewhere.
Which American tax forms will you need to fill out if you have a full-time job and you started a small business of which you are the only employee?If you are operating as a sole prietor, you would simply note the results of your operation on a Schedule C, and attach it to your form 1040. If however you have a Subchapter S corporation or an LLC you would have to fill out the pass through tax returns for them, and the profit or loss from your business would be reported to you on a K1 form which would also become part of your 1040 form. If you have a Subchapter C corporation, you would need to complete one of the 1120 tax returns. You may want to visit Bizdoks at www.bizdoks.com for a better understanding why operating under the sole proprietor form of business may not be in your best interest.
How do I write an executive summary?A typical executive summary summarizes the entire business proposal in a page or two. However, a great executive summary covers all the important attributes of the proposal in a concise manner. It may also include rich media (charts, graphs, images, projections, etc.) to keep the readers hooked. Enticing them to read the whole thing. Keep in mind, it is not an introduction to your document.5 steps to write an executive summary:1.Start with a Bang!An exceptional executive summary lays the foundation for a solid business proposal. Similarly, the first paragraph of your document lays a foundation for your executive summary. Yep, your executive summary needs an executive summary. If your readers are planning to skim the whole thing, they are still highly likely to read the first paragraph. Build a solid case by starting with a bang.2. Keep it SimpleDon’t go into too much detail about how your product or service is going to revolutionize the industry. Don’t ponder on the history of the founders. Keep the details for the rest of the document and only focus on the most important stuff. Most executive summaries include short paragraphs and or bullets and subheadings. Include pictures, graphs or videos (if it’s a cloud based document) to get your point across quickly and easily, without using too much text.3. Keep it ShortDepending on the length of the business plan or investment proposal, the length of the executive summary will vary. There’s a common “formula” out there – your executive summary should be about 5%-10% as long as the primary document. We say keep the executive summary as short as possible- without sacrificing important details. It’s a tricky situation but keeping it ‘short is always a good thing.’4. Write it at the EndEven though it is the first thing that someone reads from your business plan, it is often the last section to write. Once you are satisfied with your proposal, only then begin writing the executive summary. This gives you clarity as to which sections are more important than others and help you prioritize. Since you are familiar with the ins and outs of the entire document, you can write the executive summary quickly.5. Make it interesting: It’s not just table of contentsOne way to capture the reader’s attention is to make your executive summary an interesting read. It must be clear, crisp, professional and with an identifiable goal. Just a friendly reminder, make sure to avoid embarrassing grammatical errors. It’s important to be cognizant of your audiences time and avoid getting into the nitty-gritty. Nothing gets investors excited more than results. Demonstrate a clear path to success/profitability and back up your statements with stats, figures and or market potential.6. Appeal to the AudienceDo your research. Tailoring your business proposal and executive summary according to the wants, needs, and characteristics of the reader can play out positively. Don’t stop yourself from crafting different versions of the executive summary based on the reader’s personality. Let them know about the great opportunity that’s in front of them and provide them with a sense of urgency so that they are intrigued to read and invest in your document further.Keep these points and mind and you’ll be good :)Footnotes Executive Summary - What To Include & How to Write it & (Recommended)