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Stories written by Doug May

Doug May, a Chartered Financial Analyst, serves as director of the mountain west region for Avant-Garde Advisors, an investment adviser registered with the U.S. Securities & Exchange Commission. Registration with the SEC does not imply a certain level of skill or training. Avant-Garde Advisors operates an office in Grand Junction at 744 Horizon Court, Suite 350. For more information, call 263-5126 or visit the Web site located at www.avantgardewm.com.

Good business planning process: ready, set, revise

Most of my columns this year have focused on developing business plans to help entrepreneurs achieve their visions of success. As with the individuals with whom we help to prepare personal financial plans, a printed “plan” sitting on a shelf is worthless. It’s the process of planning that’s most helpful. The final step is to […]

Use this checklist to get started on your estate planning

People tend to put off estate planning, but in doing so run the risk they could die without leaving their financial affairs in good order and in turn leave their heirs with potentially significant problems. No matter your age, this estate planning checklist will help you get started on the process. Create a will if […]

Risky business: Plan to avoid pitfalls

The business model that leads to sustainable profits should be simple and easy. But business also can be risky.  Here are nine things to consider that could result in failure. The market’s too small. Especially if there are geographic constraints on delivering products or services, successful niche businesses in a major metropolitan area might not […]

Model effort makes running a business easy

At lunch with a client I always wished had become a mentor I learned business is easy. Or at least it ought to be. If completing your daily tasks is too hard, you’ll make mistakes and disappoint customers. A business should be a systematic enterprise designed to please customers who need what you have and […]

Common strategies apply to marketing and job hunts

Business is personal. The same strategies businesses apply to marketing also work for new graduates looking for jobs. That’s why passion and curiosity, uniquely individual traits, constitute key components of a business plan as well as a job hunt. At an organizational level, a marketing plan should identify the key benefits to buying your service or […]

Good leaders bring right mix of talents to management

Assembling the right team to lead your fledgling enterprise is tough because it demands a degree of self-awareness few of us enjoy. If you aren’t the right person, then either learn how to recruit well or fold at the outset, before you have a lot of money tied up in the effort. I’ve learned a […]

Business canvas a start for picture of success

Entrepreneurs use business plans to help others see a vision for their companies. The greatest value of writing a plan, though, is the process of thinking through the decisions made during the chaotic launch experience. In the very early planning stages, entrepreneurs develop a business “canvas” to help them identify how their business model works. […]

Write a business plan worth reading

A business plan includes a brief industry overview that helps readers understand the history of your firm in the context of recent industry trends and leads into an analysis of your strategies for the future. Coming as it does the beginning of the plan, if you cut and paste boiler plate language, you’ll likely lose […]

On a mission: Statements serve as a guiding force

The goal of the Public Broadcasting Service is to “create content that educates, informs and inspires.” Kiva is a nonprofit corporation “with a mission to connect people through lending to alleviate poverty.” Ford Motors is a “global family with a proud heritage passionately committed to providing personal mobility for people around the world.”  We’re all […]

In business, failing to plan a plan to fail

President Dwight Eisenhower once observed, “Plans are nothing. Planning is everything.” The process of thinking about the future and organizing the required resources to accomplish your goals is its own reward. Although the final written plan will be obsolete almost before the ink dries, failing to plan constitutes a plan to fail. Whether you’re starting […]


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