Startup Professionals Musings

JUNE 9, 2012

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. Next comes sales volume by channel.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Up and Running

SEPTEMBER 22, 2022

Before you jump into starting your own vacation rental business, you’ll need a business plan. This article will cover the steps to create your Airbnb business plan, along with some tips to run it successfully. How to write an Airbnb business plan. Why are you starting your Airbnb business?

Business Plan 110

Business Plan Software Review Technical Review Forecast 110

Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. It’s likely that your mind is filling with images of long documents, bad memories of writing term papers, and worries about doing market research and creating financial forecasts. But first, let’s talk about why you’re writing a business plan. Take a deep breath.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

Startup Professionals Musings

MARCH 22, 2011

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. Next comes sales volume by channel.

Forecast 230

Forecast Burn Rate Startup .Net 230

Both Sides of the Table

NOVEMBER 19, 2009

He refined his business plan and he got commitments for $150-200k but needed some lead angels to commit first. When he re-approached me he had a much better plan and he had a prototype! But then something awesome happened. He took my comments as a challenge. He went out and found a developer and built a product.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

MARCH 8, 2022

Writing a business plan doesn’t have to be a daunting process that takes weeks or months. Writing a plan just takes a little bit of preparation and a methodology that will guide you through the process, step-by-step. Can you really write a business plan in a day? Business plans can come in many shapes and sizes.

Business Plan 105

Business Plan Forecast Software Review Widget 105

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. This document provides essential clarity on your business vision and mission.

Business Plan 136

Business Plan Entrepreneur Jordan Florida 136

A Smart Bear: Startups and Marketing for Geeks

JULY 12, 2010

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. It should be part of your business plan that other people will copy you. This is part 1 of the series: 5 Lessons from 150 startup pitches. Almost anything can be copied.

Intellectual Property 319

Intellectual Property Bootstrapping Software Review Open Source 319

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

JANUARY 8, 2019

The basic idea of a sample business plan makes perfect sense. If you haven’t done a business plan before, a sample plan gives you an instant idea of what you should include, how to structure it, and even what to write. Here’s how to get the most of any sample business plan.

Business Plan 118

Business Plan Lean Oregon Matching 118

Gust

JUNE 19, 2012

One of my earliest excursions into market research was working for a research firm doing a 1979 forecast on ATMs. 10 Things I Look for When Reading a Business Plan. This seems like a good point to summarize here what I look for in a business plan. . Often this is part of a good forecast. Power Pitches.

Startup 180

Startup Forecast Angel Investor Software 180

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Executive summary. Conclusion.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Up and Running

JANUARY 25, 2018

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.

eCommerce 96

eCommerce Business Plan Audience Lean 96

SoCal CTO

OCTOBER 6, 2011

Vision Synching in a Lean Startup The Fallacy of Customer Development Entrepreneurs, Lower Investors’ Risk by Validating your Start-up Company’s Business Proposition Lessons Learned: What is customer development? billion dollar mistake.

Customer 227

Customer Fractional CTO Viral Lean 227

Up and Running

APRIL 13, 2021

I’ve spent decades working with plan v. I used plan vs. actual analysis once a month, comparing forecasts and budgets to actual results since I started Palo Alto Software back in the 1980s. Forecasting and budget math is usually simple. actual in spreadsheets. For the record, this method still works.

Forecast 147

Forecast Matching Balance Sheet Software Review 147

Up and Running

APRIL 22, 2020

In a crisis, this becomes even more important , as it can potentially mean the difference between your business surviving or failing, as well as if you will or won’t secure a loan. . Retail, restaurants, real estate, and lending services are just a few of the possible business types that may experience greater difficulty in securing a loan.

SBA 139

SBA Forecast Software Review Business Plan 139

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.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

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. Have a plan for funding. What the money will be used for.

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 102

Business Plan Technical Review Initial Public Offering Due Diligence 102

YoungUpstarts

AUGUST 17, 2020

When the business is up and running, they should tightly manage its financial performance by creating a budgeting process and reviewing the business plan regularly for performance. Precise planning makes a difference in that it allows the entrepreneur to improve profits, reduce costs and increase ROIs.

Finance 217

Finance Forecast Balance Sheet Angel Investor 217

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

Up and Running

MAY 21, 2020

For example, in a retail store, the list might include writing an initial business plan, choosing a location, fix-up and fixtures, signage, initial stock, staffing, and marketing your launch. Do a lean business plan. Develop a lean business plan. It’s not a full formal business plan, not even close.

Lean 186

Lean Business Plan Software Review Angel Investor 186

YoungUpstarts

SEPTEMBER 4, 2016

Employ Demand Forecasting and Inventory Planning Solutions. A common mistake that startups, and even established businesses, make is to run monthly forecasting off of spreadsheets that only reflect historical data. These systems rely on demand figures for forecasting, rather than sales, and they provide several benefits.

Management 145

Management Los Angeles Forecast San Francisco 145

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

Up and Running

NOVEMBER 12, 2021

Having a solid plan for emergency costs makes it easier for you to handle complex financial situations as you are prepared to face them. Maintain a cash flow forecast and consistently review your cash flow statements to ensure that you know what your position is at all times. Failing to track your spending.

Technical Review 132

Technical Review Software Review Forecast Cloud 132

YoungUpstarts

AUGUST 27, 2020

While much future forecasting looks to digital disruption , we shouldn’t think that the only fields that can be subject to disruption are those that are essentially technology-based, such as cloud services and data management. Disruption can occur in digital and analog fields alike.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

The Startup Magazine

OCTOBER 19, 2020

Nearly Accurate Forecasts: One of the most significant advantages of data-driven decision making and planning is getting more credible forecasts. Conventionally, forecasts were prepared on typical metrics like a year to year sales growth, competitor analysis, seasonal variations, etc.

Technical Review 159

Technical Review Forecast Analytics Social Media 159

Up and Running

MAY 3, 2021

In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. What is an SEO business? As the name suggests, an SEO business is a company or agency that performs SEO services for and on behalf of a brand. How to write an SEO business plan that outlines your goals.

SEO 147

SEO Vertical Metadata Forecast 147

The Startup Magazine

AUGUST 30, 2024

Building a Robust Business Plan A comprehensive business plan serves as the blueprint for your international expansion. A well-crafted business plan attracts investors and aligns internal teams towards common goals. Include detailed financial forecasts and potential challenges along with mitigation plans.

Technical Review 151

Technical Review Intellectual Property Due Diligence Global 151

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. A Business Plan Frozen in Time. No Business Plan Survives First Contact With A Customer.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Up and Running

APRIL 30, 2020

Simply put it’s a better method of accurately looking forward and business owners know better than mathematicians. Before I started my own business I was a market researcher, doing forecasts. Work on that scenario as a potential plan, with contingencies. Building scenarios using a business planning tool.

Forecast 120

Forecast Balance Sheet Burn Rate Software Review 120

The Startup Magazine

JANUARY 27, 2022

While you don’t have to be a financial professional, understanding the basics of business finance is still important for tracking your budgets and overall financial performance. Once your startup begins to grow, you might want to hire a professional with more experience in finances to focus on this part of your business.

Startup 142

Startup Australia Web Development Finance 142

YoungUpstarts

MARCH 22, 2019

Before approaching a lending institution you will need to arm yourself with a business plan, financial credentials including assets, current loans and tax returns along with an accurate calculation of how much you will need, either as a loan or bank overdraft. .

Software Review 176

Software Review Due Diligence Startup Stock 176

Up and Running

MAY 12, 2020

Develop a Business Plan. It’s been proven that planning makes you more successful. Beyond writing a business plan to acquire funding (if that’s what you need), a business plan can help keep you on track to meet your milestones and goals. Determine what type of business plan is right for you .

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

The Startup Magazine

JULY 11, 2024

Develop a Business Plan A well-structured business plan is crucial for the success of your nonprofit startup. Programs and Services: Detailed descriptions of the programs and services you plan to offer. Financial Projections: Provide detailed financial forecasts, including a budget and funding needs.

Social Media 148

Social Media Public Relations Programming Business Plan 148