Up and Running

FEBRUARY 12, 2018

Whether your business is brand new or it’s been around for a while, you’ve probably thought about putting together a financial forecast. Forecasting and comparing your actuals with what you projected should be a regular and ongoing part of your process—not something you do once, or once a year. What is forecasting?

Forecast 114

Forecast Hockey Stick Angel Investor Sales 114

Up and Running

FEBRUARY 13, 2017

When I asked the standard “How are you,” he answered: “If I see another hockey stick forecast this week, I’m going to throw something at somebody.”. That was so long ago that I had to ask him to explain the hockey stick metaphor. ” See Also: How to Forecast Sales. .” Growth is good.

Forecast 130

Forecast Hockey Stick Startup Sales 130

David Teten

JANUARY 19, 2021

In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. That said, nothing is cost-free. More complex cost of capital calculation. The State of Flexible VC.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Up and Running

SEPTEMBER 6, 2018

When you imagine a new business, you think of what it would cost to make the product, what you could sell it for, and what the profits per unit might be. We are trained to think of business as sales minus costs and expenses, which equal profits. Hockey stick” shaped growth projections. We spend cash.

Business Plan 128

Business Plan Hockey Stick Lean Dilution 128

Berkonomics

MARCH 21, 2019

If the business is not a startup, expect to supply income statements for the past several years as well, to emphasize trends in revenue and costs. Careful about “hockey stick” forecasts. Projections for your future. You should expect to present detailed projections for the next 12 months as a basic minimum.

Hockey Stick 63

Hockey Stick Liquidity Event Valuation Balance Sheet 63

Gust

NOVEMBER 29, 2011

Most early stage CEOs are lucky to have visibility into the next 6 months, let alone the next 3 year that are reflected in their financials and the 5 year forecast is mere fortune telling. Hockey stick sales forecasts are cool when they’re based on some justifiable logic. Well said. Otherwise, they just hurt credibility.

Hockey Stick 70

Hockey Stick Forecast Early Stage Finance 70

Up and Running

APRIL 28, 2015

Investors will expect to see your sales forecast, profit and loss statement, and cash flow forecast for at least three years. Investors see “hockey stick” projections all the time and will mentally be cutting your projections in half. Your detailed financial forecasts should also take an influx of cash into account.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60