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Business Plan Financial Forecasts Test Your Savvy

Startup Professionals Musings

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. This forecast is really their commitment. Plan to re-forecast every quarter. Margin is everything. " Marty Zwilling.

Forecast 238
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Making Financial Projections is Not Rocket Science

Startup Professionals Musings

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. This forecast is really their commitment. Plan to re-forecast every quarter. Margin is everything. " Marty Zwilling.

Forecast 238
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Customer Validation - 33 Great Articles

SoCal CTO

How I Test The Market Validity Of A Product Customer Development Gut Checks Build a Path to Customers from Day 1 Top 3 Ways to Fail at Customer Development Creating Startup Success – Customer Development + Business Model Design Customer Development and Marketplaces Hubris, Passion and Customer Development Free Customer Development Help – Survey.io

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10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Implement a modern real business model. Don’t rely on conservative forecasts to reduce risk. Investors don’t fund conservative forecasts, nor wildly optimistic ones, since both imply a lack of commitment or homework. Risk is more manageable with subscriptions and even freemium pricing.

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10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Implement a modern real business model. Don’t rely on conservative forecasts to reduce risk. Investors don’t fund conservative forecasts, nor wildly optimistic ones, since both imply a lack of commitment or homework. Risk is more manageable with subscriptions and even freemium pricing.

Forecast 304
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Four Easy Steps to Credible Startup Financials

Startup Professionals Musings

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. This forecast is really their commitment. Plan to re-forecast every quarter. Margin is everything. " Marty Zwilling.

Forecast 230
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Solving the Innovator’s Dilemma – Customer Development in a Big Company

Steve Blank

Followers of the Customer Development process know that you can’t start selling until you have transformed product, customer and other hypotheses into a validated business model and sales roadmap. Short-circuiting that process is a major “foul” that often leads to premature business models and suboptimal sales results.).