Fundamentals for a Statup Business is a new book that walks budding entrepreneurs through the building blocks of a successful business. Written by Peter Burchhardt and Dan Hou, Fundamentals for a Statup Business is an adventure with a lot of surprises along the way. As the title suggests, it’s a practical guide to kick-starting a business. In this book, you’ll learn how to identify your target market, conduct competitive analysis, design a website, and create a financial model.
A business plan is an essential foundation of a startup. Most people use business plans when seeking loan funds or showing potential investors where their business is headed. A full business plan should contain an executive summary, products, target markets, management team, financial plans, and much more. Entrepreneurs should use a business plan as their guide when writing their own business plans. However, there are some differences between business plans and a complete business plan.