Up and Running

AUGUST 20, 2018

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

YoungUpstarts

SEPTEMBER 19, 2017

You might be thinking that a business plan doesn’t make any sense for your small new enterprise. After all you are not planning on trying to get even a bank loan, let alone venture capital. Isn’t that what business plans are really for anyway: raising money? How are you going to be different than you competitors?

Business Plan 173

Business Plan Startup Venture Capital Differentiation 173

Up and Running

JULY 1, 2020

You may grow to tap new markets or increase sales in your current markets. A good business plan is critical to starting a successful business. Creating a plan for business expansions is no less essential. How to use your business plan as a checklist. As the saying goes, haste makes waste.

Business Plan 152

Business Plan Forecast Operations Dilution 152

Up and Running

AUGUST 17, 2020

Typically this means investing in sales technology that makes you more agile and is easily scalable as you drive long-term growth. One vital, but often-overlooked, need is effective documentation, specifically when writing sales quotes. Integrating a new software or service platform with your business can be a costly endeavor.

Software Review 113

Software Review Software Sales Small Business 113

Both Sides of the Table

NOVEMBER 3, 2009

In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. In an era of “launch and learn&# is there a need for a business plan? I have seen really great product people espouse the death of the business plan. Do so at your peril.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan. Cash is king.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

Startup Professionals Musings

JULY 15, 2013

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Up and Running

OCTOBER 3, 2017

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Build your plan, then organize it.

Business Plan 134

Business Plan Balance Sheet Forecast Lean 134

Startup Professionals Musings

MARCH 3, 2023

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Just for clarification, I characterize a product plan as a formal description of your product or service, with a quick business description at the end for effect.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

MAY 8, 2016

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Just for clarification, I characterize a product plan as a formal description of your product or service, with a quick business description at the end for effect.

Business Plan 120

Business Plan Product Architecture Startup 120

Up and Running

FEBRUARY 14, 2017

If you’re serious about opening a restaurant, you’ll have to draft up a formal and accurate business plan to pitch to banks, investors, and even potential employees. I won’t lie—writing a formal business plan isn’t exactly a breeze. You can set a clear vision for your restaurant’s path to success with a business plan.

Business Plan 120

Business Plan Social Media Forecast Database 120

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

NOVEMBER 12, 2018

There are several different types of business plans that can help you stay on track. If you’re seeking a bank loan or outside investment, you probably need a traditional business plan. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. so keep these all in mind when calculating the costs.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

The Startup Magazine

FEBRUARY 19, 2019

Startups with a solid business plan and great pitch deck have a far greater chance of gaining investment. In this essay by one of Mercia’s Fund Principals, Ian Wilson, Ian talks about the sorts of things he and the team are looking for when plans come to them for review. Writing a plan does not need to be a daunting task.

Business Plan 93

Business Plan Technical Review Initial Public Offering Due Diligence 93

Startup Professionals Musings

AUGUST 14, 2020

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

Business Plan 393

Business Plan Marketing SBA Venture Capital 393

Startup Professionals Musings

OCTOBER 6, 2023

In reality, it is nothing more than a final integrity check on all aspects of the business and the team. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Startup Professionals Musings

MARCH 21, 2021

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. More customers are lost to apathy after the sale than poor service or quality. On the other hand, a great idea without a business plan is a non-starter.

Technical Review 333

Technical Review Startup Software Review Retention 333

Startup Professionals Musings

OCTOBER 9, 2023

Here are seven steps I recommend for establishing the right business model: Size the value of your solution in the target segment. Estimate your costs, including a 50 percent gross margin, as a lower bound on a price. Here again is your chance to make pivots for almost no cost. Plan and execute a pilot or local rollout.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 82

Business Plan Incubator Software Review Programming 82

Startup Professionals Musings

JANUARY 30, 2021

Here are seven steps I recommend for establishing the right business model: Size the value of your solution in the target segment. Estimate your costs, including a 50 percent gross margin, as a lower bound on a price. Here again is your chance to make pivots for almost no cost. Plan and execute a pilot or local rollout.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

The Startup Magazine

AUGUST 7, 2024

Research and Understand the Market Before launching your business, it is essential to understand the market demand and trends. Develop a Solid Business Plan A detailed business plan is crucial for any startup.

Software Review 131

Software Review United States Social Media Advertising 131

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

MAY 14, 2015

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Startup Professionals Musings

SEPTEMBER 16, 2010

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Be sure it matches your business, and get a hosting agreement from one of the popular providers like GoDaddy. A simple example might be mortgage calculator to add to your real estate sales site.

Cost 220

Cost Startup Hosting Bootstrapping 220

Startup Professionals Musings

MARCH 6, 2021

I’m sure all you accountants will agree that fixing the mistakes listed here does not require rocket science, but I’ve seen them so often that to be forewarned is to be forearmed: Failing to factor in fixed costs when pricing. Always use a break-even analysis to measure what volume and price are required to offset total costs.

Technical Review 379

Technical Review Finance Startup Salary 379

Up and Running

MARCH 26, 2015

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

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

JULY 2, 2014

Sales forecasting is much easier than you think, and much more useful than you imagine. Since sales are intimate with costs and expenses, the forecast helps you budget and manage. You measure the value of a sales forecast like you do anything in business, by its measurable business results. Lines of sales.

Forecast 119

Forecast Sales Aggregator Software Review 119

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Startup Professionals Musings

JANUARY 24, 2021

In reality, it is nothing more than a final integrity check on all aspects of the business and the team. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 60

Business Plan Incubator Software Review Programming 60

Startup Professionals Musings

JANUARY 6, 2023

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. In many business domains today, the market seems to change about every ninety days. The initial larger cost in time and dollars is only the beginning.

Startup 287

Startup Bandwidth Distribution Agile 287

Up and Running

APRIL 13, 2021

And nowadays you can get Microsoft Excel for about what a lunch costs per month, and Google Sheets — a competent alternative — for free. In this article, I’ll show you how to do your plan vs. actual analysis, step by step, with your accounting and your spreadsheet. Accounting needs detail, while planning needs a summary.

Forecast 147

Forecast Matching Balance Sheet Software Review 147

Up and Running

MAY 29, 2015

First, allow me to deal with a very common problem: Business owners are often afraid to forecast sales. It doesn’t take spreadsheet modeling, much less econometric modeling, to estimate units and price per unit for future sales. New product or not, your sales forecast won’t accurately predict the future. It’s simple math.

Forecast 60

Forecast Sales Technical Review Business Plan 60

Women Entrepreneurs Can

JULY 21, 2020

You’re going to have to invest money into a lot of different areas in order to keep your company up and running, to entice customers and to generate sales. Some of these costs are obvious – the costs of setting up a website, the cost of recruiting staff, the cost of advertising and marketing products.

Cost 52

Cost Technical Review Operations Advertising 52