business planning

5 Tools To Help You Top Your Small Business Financial Planning For 2022

by / ⠀Entrepreneurship Startup Advice / September 29, 2021

In 2019, a survey showed that almost 90% of all small businesses and startups fail. One of the primary reasons small businesses fail is due to a lack of proper management. Working without a financial plan, it isn’t easy to manage and effectively run any business, but why is that? A financial plan is a comprehensive and personalized document that describes the financial position of a company. It…

Live vs. Lean Planning: Looking Ahead While Scaling Back

by / ⠀Entrepreneurship / December 17, 2013

The recession taught us a lot about business. Small replaced “too big to fail,” startup culture replaced corporate culture and lean replaced elaborate business plans. Streamlining your business doesn’t mean approaching the future blindly, however. Remaining lean and planning need not be mutually exclusive. At Palo Alto Software, we used principles of lean planning and lean innovation to help us transition from a company that developed and sold…

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