Welcome to the upmetrics blog Business Planning Hand-curated tips and advice to help entrepreneurs on every aspect of planning a business Subscribe to Our Blog Get the latest posts in your email Email* We care about your privacy. See our Privacy Policy. Submit Everything for your business learning Business Planning Get started on turning your idea into a business. Start Your Business Learn everything you need to know about starting a new business Fund Your Business A complete guide to acquiring funding for your business Sales & Marketing A collection of sales and marketing lessons prepared by experts Business know-how Discover hundreds of useful articles about business lessons. Entrepreneurship & Startups Tips and advice for small business owners and entrepreneurs 7 Key Sections of a Great Business Plan Whether you opt for a short business plan, or perhaps one that is more detailed, these 7 key sections are a must-have in any case. Read More How to write the Competition Section: Business Plan Writing Know each step and learn how to find out your competition, Apply the actionable steps to write the competition section of your business plan. Read More What is a Competitive Advantage? Explained with Examples Competitive advantages are your business strengths and opportunities that you should list in your business plan. In this article, we have explained it with examples. Read More What Is a Competitive Analysis & How to Conduct It Effectively? Benefits your business with the correct competitor analysis effectively. Read more to know how and why should you analyze your competition. Read More Everything You Need to Know About Pricing Strategy Pricing can be tricky. But not anymore. We have put together a detailed article that explains everything about pricing strategies. Read on to find out more. Read More Best Business Plan Software And Tools in 2022 To choose the best business plan software in 2022, We have compared Upmetrics, and some of the others by its features, pricing, pros, and cons. Read More Top 5 Competitive Analysis Frameworks Every Product Strategist Learning competitive analysis gets difficult sometimes. In this article, we have explained 4 powerful competitive analysis frameworks. Read More 5 Best Vision Statement Examples For Your Business Plan 5 Best Vision Statement Examples that helps you to identify and write your own vision statement for your business Read More 6 Best Mission Statement Examples For Your Business Plan 6 best mission statement examples for your reference to understand how to write a mission statement for your business. Read More Why You Should Keep Updating Your Business Plan? Learn the importance of regularly updating your business plan to avoid unknown surprises in your business journey. To grow your business and achieve your business goals it is a must to update your business plan. Read More 12 Books Every Entrepreneur Should Read These 12 books for business owners cover all aspects of the business from finances to work-life balance and team relationship management… Read More 20 Top Business Plan Competitions Business plan competitions are a great way to get your business ideas validated, expand your network, attract mentorship, and get funding… Read More Want to Know How Much Your Business Startup Costs? Follow These 4 Steps Be it your small business or a new brand launch, planning your business startup costs will go a long way and keep you on track. Read More How Much Should a Business Plan Cost? Planning is important, but how much should a business plan cost, and what are the different methods? We’ll discuss all of these and more through this article. Read More Key Considerations of the Sources & Uses of Funds Statements The sources & uses of funds statements can secure loans and attract investors apart from reflecting the funds’ inflow and outflow of your business. Read More 8 Top Tools for Effective Market Research Getting effective results out of your research can be daunting even for the best of marketers. These market research tools would help make your job easy. Read More Business Planning Process: Create a Business Plan That Works All of us know that business planning is foundational to success. But how to do it the right way? We’ll discuss that and more through this article. Read More Startup Failure: Reasons and How to Avoid it Startup failure rates can be quite demotivating, but what is the reason for such rates, and how to avoid them? We'll learn everything through this article. Read More Unique Value Proposition: Elements and Examples A Unique Value Proposition is foundational to your marketing strategy. In this article, we’ll discuss UVP, its elements, and examples… Read More Direct Vs. Indirect Cash Flow Methods: Which Is Better? Both direct and indirect cash flow methods have their purposes and usability. But, which one should you use? Read on to know more. Read More Product-Market Fit: Benefits and How to Achieve It Through this article, we’ll discuss: 1. What is product-market fit? 2. The importance of product-market fit 3. How to achieve it… Read More What is Sales Forecasting? Choose the Right forecasting Method Strategic Sales Forecasting use historical data, benchmarks, current sales activity data, Etc. and elements to estimate future demand and sales growth. Read More What is Working Capital and How to Calculate it? The net-working capital will measure your business’s liquidity and operational efficiency. But, how to calculate it, and what are its components? Read More How to Start a successful Boutique Business | Step-by-Step Guide Want to take your sense of fashion and style to the next level? A boutique business can be a great option. Here’s how! Read More Understanding the Cash Burn Rate and How to Reduce It Cash burn rate helps you determine whether your efforts are going in the right direction to generate positive cash flows or not. Read More Budgeting Vs Forecasting: Key Differences to Know For every business; budgeting and forecasting are the key steps in having your business strategy in place while also getting the desired funding. Read More How to Prepare Compelling Financial Projections for Startups Financial Projections are forecasts to your Startup’s Key components which are Income Statement, Balance Sheet, and Cashflow. Read More How to Plan Your Business Location Strategy: 10 Factors to Know Picking the wrong business site can set you off to a bad start. Learn the factors that influence your business location strategy to find a good fit. Read More Strategic Business Planning: The Way to Business Success Strategic business planning provides the following benefits: 1. Gives clear goals and strategies 2. Boosts employee morale... Read More How to Pitch to Investors: 6 Tips for Pitching Your Business Idea Pitching your business idea is often intimidating, especially if you haven't done it before. Learn how to pitch to investors to stand out and get funding. Read More