Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011.   His entire income is based on his personal output and he’d like to hire several woodworkers, expand his sales to existing customers, and generate a profit in addition to his contributed labor.    Appropriate covenants.

Finance 83

Finance Bootstrapping Startup Equity 83

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. Typically stable, high margins; repeatable sales model; clear path to profitability; and high growth potential. The State of Flexible VC. Governance.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

NZ Entrepreneur

FEBRUARY 17, 2019

Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. Breaching facility limits and covenants – this can take the form of a company breaching its overdraft facilities with multiple excesses each month.

New Zealand 41

New Zealand Covenant Forecast Government 41

Up and Running

MAY 21, 2015

A liquidation preference is just a fancy way of describing in what order, and how the various owners of a business get paid in the event of a sale or bankruptcy. Any investor is going to want covenants in some form, and it’s not unreasonable that they do. See Also Planning for the Future: Your Exit Strategy.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60