POVLITZ Inc | Business and Entrepreneur

Last week we talked about a few of the ways to test the feasibility of a business idea to help determine if the idea really had merit or just looked good on the surface. To recap, I said don’t bet the farm on the opinions of friends and family, consult with knowledgeable business experts, and [...]

Humble beginnings in Rock Hall Maryland did nothing to drown out the inner voice that told me I was destined to live the lifestyle of my dreams. I also learned quickly that 18 years of “Split-Contract” income would mean that after baseball I was “on my own”! After several business attempts, some home-based and [...]

Today’s new entrepreneur is often an experienced supervisor, manager or executive. Many are specialists in one area of business such as customer service, purchasing, sales support or accounting. But few have ever had the responsibility for researching, planning and implementing every detail of a new business creation.
 Many functions previously performed by corporate staff people such [...]

Everyone knows importance of creating a business plan; which is to get investment. But what many people don’t know is how to create an attractive business plan.
You might have a great business idea, but that’s something millions of other people have also. Many businesses in the past were started on the basis of great business [...]

We really get tired of seeing the same old tired ads for business planning.  It appears that what is being sold is “business in a box.”  The suggestion that once completed, you will have a full business plan that any banker will fund, is false and misleading.  Here are the facts:  If you are writing [...]

Business plan is all about a result-oriented strategy. You need to show the investor your business idea in a properly drafted outline. It is good to seek help from a sample business plan outline, but don’t stick to it just because you have downloaded that from a reputable website. You have to customize it to [...]