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A comprehensive guide to the major parts of a business plan. From elements like the executive summary, to product descriptions, traction, and financials, we'll guide you on all of the key sections you should include.

Sharing our flaws is terrifying. But it's how we handle the challenge that people care about.

This may sound like a new term to a lot of Founders BUT this has been around for many ages now and we should be alarmed about it. So how can you see if your team is actually checked in or out of work?

What happens to the Founder when the Startup company goes down? You might be shocked how everything maps back to the Founder, from office leases to subscriptions, and now all of a sudden these company liabilities become *your* personal liabilities. How can you avoid this from happening to you?

There’s a huge possibility that your focus might change from managing customers and shipping products to hiring staff and doing reports — which could lead to a stall in your skills and growth as a Founder. So as you motivate your people, keep motivating yourself as well!

Writing your first business plan? Be sure to review these four business plan examples from the Startups community that really stand out from the crowd.

Building solid financial statements starts with digging through all of the financial transactions in all of our accounts. In our example, we'll do this with a spreadsheet but you can use your accounting software to comb through your financial records and do the same thing.

It’s not uncommon for a first-year startup to be constantly adjusting the numbers and watching the forecasts swing all over the place on a regular basis. Forecasting isn’t a one-time thing, especially for startups. We should be updating this forecast constantly as we get more and more data about how our business will perform.

When things are going well — getting funding, bringing in high revenue — everybody loves you. But when things go south, no one is around. Is there a way this can be avoided altogether?

There is danger in expecting too much from our Startup when we think we should get additional funding because the business is growing and it will merit us more opportunities. Reality check: things don't work this way.