Today marks the end of our series on Business Plans as we look at the last section: Projections. Just as we mentioned in the beginning, this section could be included in the Financial Plan section since it discusses sources and uses of funding, sales/revenue expectations, and total expenses needed; or, it could stand-alone. Entrepreneurs are often intimidated when making their first-time predictions. They do not want to undercut their business, but they also don’t want to appear overly confident either. Understand that projections are produced through the research from the other sections of the Business Plan as well as through educated guesses. Find out more in the SmallBusinessNewz report on Projections.

April 15th is a dreaded day for some. If you weren’t able to make your tax payments and file your taxes by today, this video offers advice on how you can cope with your tax debt and avoid it in the future. One of the most common mistakes people make with their taxes is they fail to educate themselves about taxes. While the IRS may come across as big and evil, they provide all the information you need to know about your taxes. Other great sources of information include accountants, attorneys, or tax professionals. Find out more about taxes in this report from Abby Johnson, right here on SmallBusinessNewz.

Continuing in our Business Plan series, today’s segment covers the Financial Plan section. This section comes second to the last because it uses data from the other sections. It is critical that the other Business Plan sections contain correct information because if they don’t, then your estimations and projections will be inaccurate. Learn more about the Financial Plan section in this video on SmallBusinessNewz.

Many businesses are being forced to tighten their belts and cut budgets as a result of the economic downturn. Because budgets are being cut doesn’t mean businesses should abandon all their business strategies. In this report from Abby Johnson, she shares 5 low-budget marketing tactics that businesses can successfully utilize in the dire economy. The strategies include:

1. Website Effectiveness
2. Search Engine Optimization
3. Online Forums and Social Networking
4. Cooperative and Cross-Marketing
5. Email Marketing and Promotion

Get a detailed description of each of these strategies in this video on SmallBusinessNewz.

We’ve come a long way in our Business Plan series, but we have a few more sections left. Today’s segment looks at the Management Team. One of the biggest mistakes people make is simply including their management’s resumes into this section. While their resumes should be referenced, this section should be more detailed and focused on their relevant abilities. The 4 main sections within the Management Team section include: Ownership Structure, Internal Management Team, External Management Team, and Human Resources Needs. Check out all the details from Reporter Abby Johnson right here on SmallBusinessNewz.