Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

AUGUST 21, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning is simpler and faster than writing a traditional business plan.

Lean 134

Lean Forecast Software Review Business Plan 134

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

SEPTEMBER 15, 2016

Most people think of the business plan as a one-time event, something used to accomplish a specific goal—getting funded, usually. The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Up and Running

MAY 30, 2022

One of the most important things you can do to increase your chances of success is to have a business plan. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction. And it’s not just for startups.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. It starts with “Plan-As-You-Go” instead of detailed, formal business plans. Build an action plan: How are you going to validate your assumptions and measure progress? Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Startup Professionals Musings

MAY 29, 2019

A platform is a business model and capability that can be accessed and customized by external users. Institute deep metrics measuring all aspects of the customer experience. Jeff Bezos always instills a sense of urgency by demanding business plans from business leaders on how they would disrupt their own lines of business.

Artificial Inteligence 222

Artificial Inteligence Agile Technical Review Demand 222

Startup Professionals Musings

JUNE 18, 2023

Finally you create and document your recipe (business plan). For a new business, you can provide unique ingredients, but the preparation steps in your business plan must follow a tried and true recipe for startup success: Identify a market with a real need. validate your business model) Continuous improvement.

Business Plan 280

Business Plan Restful Metrics Business Model 280

Startup Professionals Musings

AUGUST 13, 2013

Within the startup realm, there is a big difference between having an innovative product versus an innovative business. Some startups have a new technology, but stick to a tried-and-true business model. Others take an existing product, and give it new life with a creative business model. Marty Zwilling.

Business Model 231

Business Model Product Metrics Global 231

Up and Running

FEBRUARY 10, 2021

A key to making this entire process much easier is to invest a little time and write a business plan. It’s true — not all investors will ask to see your business plan. Why do investors want to see a business plan? The business plan document itself isn’t what’s important to investors.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 436

Lean Agile Business Model Business Plan 436

Startup Professionals Musings

NOVEMBER 29, 2021

Within the startup realm, there is a big difference between having an innovative product versus an innovative business. Some startups have a new technology, but stick to a tried-and-true business model. Others take an existing product, and give it new life with a creative business model. Marty Zwilling.

Business Model 339

Business Model Metrics Global Technology 339

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

Gust

APRIL 27, 2014

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

SEPTEMBER 21, 2020

Finally you create and document your recipe (business plan). For a new business, you can provide unique ingredients, but the preparation steps in your business plan must follow a tried and true recipe for startup success: Identify a market with a real need. validate your business model) Continuous improvement.

Startup 390

Startup Restful Business Plan Metrics 390

Up and Running

AUGUST 24, 2020

Here are just a few things you can do by leveraging data analytics: Gain a better understanding of changing customer preferences Discover new business opportunities Identify and eliminate bottlenecks in your operations Minimize and better allocate advertising costs Provide greater customer support through automated chat. Invest in analytics.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Up and Running

FEBRUARY 12, 2022

Learn why the traditional way of writing a five-year business plan is often a waste of time and how to use a Lean Plan instead for smarter, easier strategic planning to establish your long-term vision. But, that doesn’t mean that you shouldn’t plan for the long term. What is a long-term plan?

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Up and Running

SEPTEMBER 14, 2021

When writing your business plan , consider that customer relationships begin the moment a consumer learns about your company. So, what metrics can you use to evaluate the performance of your relationship funnel? Build and define relationships. Consider the relational performance of your funnel.

Sales 152

Sales Audience Social Media Email 152

Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

MARCH 17, 2020

If you’ve been putting off writing your business plan, you’re not alone. Writing a traditional business plan can seem like a daunting task, and lots of entrepreneurs avoid it for this reason. What is a one page business plan? The benefits of a one page business plan. But it doesn’t have to be.

Business Plan 86

Business Plan Balance Sheet Lean Forecast 86

YoungUpstarts

SEPTEMBER 10, 2018

More research and explanation is needed to understand how the business plan will be executed. More metrics need to be identified such as product testing, market validation, and/or customer validation in order to show that a market opportunity exists. Don’t describe a 100% theoretical business model.

Programming 124

Programming Chile B2B B2C 124

Up and Running

NOVEMBER 12, 2021

From prediction to discovery and planning to reporting, you can easily find cutting-edge tools with comprehensive functionalities and features to make financial planning and budgeting easier for you. It is imperative to gauge your own personal and business planning needs before budgeting for the future. Wrapping up.

Technical Review 132

Technical Review Software Review Forecast Cloud 132

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. So the shift to mobile meant Facebook’s business model was breaking. Large companies don’t acquire small companies for their financials.

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. — all great things when you are executing and scaling a known business model. Board Control.

Founder 278

Founder Technical Review CTO Hire IPO 278

Up and Running

FEBRUARY 26, 2019

Having viewed several business plans over the years, a common (and very important) item missing from most plans is a breakdown of the company’s TAM, SAM, and SOM in the marketing section of their plan. Wondering what these acronyms mean? Well, you’re not alone—many entrepreneurs are not familiar with these terms.

Business Plan 115

Business Plan Business Model Demand Marketing 115

Startup Professionals Musings

APRIL 9, 2012

Modern investors love to first read a two-page summary of your business plan, formatted like a glossy marketing collateral sheet, with text well laid out in columns and sidebars, and a couple of relevant graphics. Most likely, the investor has already seen multiple plans with similar solutions. Business model.

Business Plan 244

Business Plan Elevator Pitch Viral Lead Generation 244

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Even if you are not requesting outside funding, I would expect a clear process for sourcing and managing the investment you plan to apply.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

Hearpreneur

APRIL 9, 2023

5- Business model innovations Photo Credit: Bram Jansen New forms of commerce and sources of income are becoming possible thanks to technological advancements. But many of these start totally from scratch and use informal online research to borrow business models and ideas. Thanks to Marco Scanu, Visa Business Plans ! #10-

Technical Review 125

Technical Review Artificial Inteligence Technology Entrepreneur 125

Up and Running

MAY 10, 2021

You can start by researching your competitors to gain an understanding of cost structure, revenue generation, and the business model for your app. From there, begging building out complete and verifiable financial records that can help you answer questions like: How old is your business? What metrics are you tracking?

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

VC Cafe

JULY 29, 2012

Goleman added a new facet to how humans measure intelligence, which was previously generally viewed as a person’s IQ – a narrow metric revolving around linguistic and math skills. make a copy of this Google doc template of the Business Model Canvas to re-jig who your users, collaborators, channels and business model(s).

Engineer 145

Engineer Technical Review Software Review Startup 145

SoCal CTO

JUNE 9, 2010

Solving the "marketplace" business model - A Smart Bear: Startups and Marketing for Geeks , May 10, 2010 A sizable percentage of Capital Factory startup submissions take the form of the "marketplace." " In fact, 3 of the 10 selected companies from the past two years has followed this business model.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Gust

AUGUST 5, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Up and Running

APRIL 29, 2019

Look back at the initial business plan you wrote before starting your business. As you begin to implement your marketing plans in service of your branding and sales goals, make sure you track metrics so you can measure the success of each campaign.

Marketing 142

Marketing Social Media Lean Campaign 142

Startup Professionals Musings

APRIL 22, 2010

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186