Category Archives: business plan

Benefits of a Business Plan

primbondh/ August 4, 2022/ business plan

Benefits of a Business Plan

Do you need a business plan when running a business? Of course necessary. To act and know what we want to do, we need a plan or planning.

This plan will contain the procedures for doing something, who is involved in the business, the location of the business, sources of capital, and much more. A well-crafted business plan can lead a company to the gates of success.

The ups and downs of business are faced by all business people. Various kinds of challenges and uncertain conditions keep crashing like waves on the beach. This is where the attitude of the businessman will be tested. Can he face this situation or run away from reality?

Challenges are common in business, but many business people are afraid to face this situation. To minimize problems and make business more focused, all business people must have a business plan.

So, what are the benefits … Read More

Mayor Turner kickoffs 10th annual Liftoff Houston Startup Business Plan Competition

primbondh/ July 28, 2022/ business plan

HOUSTON – Houston Mayor Sylvester Turner announced the launch of the 10th Annual Liftoff Houston Startup Business Competition Wednesday morning.

The Liftoff Houston Startup Business Competition, which is sponsored by Capital One Bank and administered by the Houston Public Library (HPL) and the Office of Business Opportunity (OBO), is a professional and educational mentoring program for those who have the entrepreneurial spirit.

The competition will be based on three categories: Service, product and innovation. The winner of each category will receive $10,000 in seed money from Capital One Bank. The competition will be mainly held online at www.liftoffhouston.com.

Participants must meet the following minimum eligibility requirements:

  • Must be in the start-up phase of your business which means you either must have a business idea or have a business in operation for less than one year.

  • Must have revenue of less than $10,000.

  • Must live within the City of Houston limits.

Read More