Greetings and welcome to our first post. So, why are we here? Because smart leaders know that planning is indispensable in business as well as every other aspect of life. Benjamin Franklin said that, “By failing to prepare you are preparing to fail”. Dwight Eisenhower expressed the same sentiment another way, “In preparing for battle I have always found that plans are useless, but planning is indispensable.”
I, and the others who will write in this space, are committed to bringing you information that is both interesting and useful. Our vision at the Center for Business Modeling (CBM) is to create a valuable community for sharing resources and best practices, while becoming the leading provider of online business planning tools.
You may think this is a tall order, and I agree. We can certainly supply the tools and industry leading information about business modeling but we need you to be successful. Your participation can make the difference, not only to your own organization but also to other companies who face the same challenges. Let us know what you think about our content and add your best ideas to the mix.
My colleagues and I believe that a lack of effective business planning has been a real detriment to success for thousands (millions?) of start-up and existing ventures. Like all areas of business, things work much better when you have the right advice and tools from those who have successfully negotiated the business modeling minefield. A well-written business plan can help you get funding, attract the right partners and employees and give you a much better chance at achieving your objectives. A sloppy or poorly-conceived plan can have just as profound an impact, but on the negative side of the ledger.
The CBM Resource Center (including this blog), is devoted to business owners, entrepreneurs, sales and marketing executives, finance managers, students, professors, and everyone else who is interested in collaboration and improvement of their business planning and financial performance. Hopefully, you fit in one or more of these categories. In addition to the paid tools, we will include many free resources on the CBM website.
Please register to receive each new article/blog post via email. I promise that we will keep the content fresh, relevant and practical. Let me know if you want to hear more (or less) about a particular topic. I look forward to sharing important ideas and resources.
All the best,
Michael James Smyth