Rick’s Strategic Planning Process
A strategic planning process, when done right, enables an organization to set priorities, focus energy and resources, and navigate a rapidly changing environment. That said, putting together a strategic plan…
Execution Makes a Good Restaurant (and its Business Plan) Great
At Cayenne Consulting we’ve written dozens of restaurant business plans and created an equal number of financial forecasts for our restaurant and hospitality clients. For the most part, we can…
Five Agile Innovation Tips for Startups
As an adviser to countless startups, I'm very interested in learning all I can to help foster innovation in rapidly shifting markets. And so, I read everything I can get…
How to Find and Recruit a Technical Cofounder for Your Startup
So... you have a great idea for a tech-oriented business and maybe an MBA to go along with it. But if you don't have strong technical skills, then you're going…
E-2 Visa Business Plan Update
Our clients come to us from all over the world. Many, it turns out, are entrepreneurs and investors who wish to acquire or establish businesses in the United States but…
Nice Guys Finish First, and Other Lessons from “Give and Take”
David Hornik, a prosperous and respected venture capitalist, offers a term sheet to entrepreneur Danny Shader. After extensive due diligence, Shader decides to sign with another investor. The reason? Hornik…
First Impressions
Entrepreneurs, salespeople, job seekers, and many others must use their personal image to achieve their personal and professional goals. According to a recent Medium post, the importance of our personal…
It’s a Trap! Nine Legal Quagmires for Entrepreneurs to Avoid
When JJ Abrams' production company Bad Robot recently confirmed that filming for Star Wars Episode VII is officially underway, it got me thinking about the similarities between the wars fought…
How is that Strategic Alliance Working Out?
If you answered that question, “not so great” you are not alone. Strategic alliances (often referred to as partnerships) can be very effective ways to achieve a goal or goals…
Licensing May be the Best Business Model for You
Let’s face it, not every inventor, scientist, or engineer is cut out to be a great businessperson. If that sounds like you, then you may be better off employing a…