[SmallBizTrends] What is a D-U-N-S Number and do I need one?

If you ever plan on seeking small business financing, entering into partnerships, or simply establishing your company financially, a DUNS number can help you make a major impact. However, some startup founders may struggle with the exact meaning of this term or its relevance to their operations.

So if you have ever wondered “what is a DUNS number used for?” or why you need a DUNS number, we have answers. Read on for a full explanation.

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Dwayne Dodson JrLeave a comment

[DIYToolKit] Do you have a Business Model Canvas?

Of all of the start-up tools out there, the Business Model Canvas is one of the most well-known and relied-upon to help entrepreneurs transform an idea into an organized strategy and an actionable business plan.

The Business Model Canvas gives entrepreneurs a wide snapshot of every aspect of their business – everything from the value proposition and customer segments to operations and the financials. The tool itself, however, is no more complex than a series of nine boxes representing business segments drawn across one sheet of paper. A large part of its effectiveness is in its simplicity. The exercise forces owners to stay focused and concise as they map out their business according to each of the boxes to hone in on their business strategy and plan.

Continue reading “[DIYToolKit] Do you have a Business Model Canvas?” →

Dwayne Dodson JrLeave a comment