Remove Employee Remove Forecast Remove Revenue
article thumbnail

Business Plan Financial Forecasts Test Your Savvy

Startup Professionals Musings

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. This forecast is really their commitment. The holy grail is break-even, when revenues first catch up with the outflow. Margin is everything.

Forecast 238
article thumbnail

SayAhh’s Revenue Projections

Feld Thoughts

While Jane was building SayAhh’s revenue projections , Dick focused his attention on building the expense side of the projections. Before building his projections, Dick needs to make three main decisions: Should he build a simple cash forecast or a set of projected financial statements? How should he account for unforeseen expenses?

Revenue 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Forecasted recovery date. Sales pipeline/forecast. The CEO should dial through as many of the largest existing customers to get a firsthand understanding of the magnitude of any revenue shortfall. Unemployment %.

article thumbnail

Making Financial Projections is Not Rocket Science

Startup Professionals Musings

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. This forecast is really their commitment. The holy grail is break-even, when revenues first catch up with the outflow. Margin is everything.

Forecast 238
article thumbnail

Four Easy Steps to Credible Startup Financials

Startup Professionals Musings

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. This forecast is really their commitment. The holy grail is break-even, when revenues first catch up with the outflow. Margin is everything.

Forecast 230
article thumbnail

Start-ups are all Naked in the Mirror

Both Sides of the Table

Our sales forecasts were revised downward – many times. And I made a version of this company-wide speech to our employees: “Look. I know that we haven’t brought in revenue as quickly as we had hoped. They haven’t hit their revenue targets. But still we made progress. I figured it out.

PR 331
article thumbnail

The Key Elements of the Financial Plan

Up and Running

Sales forecast. It’s a table that lists all of your revenue streams and all of your expenses—typically for a three-month period—and lists at the very bottom the total amount of net profit or loss. A typical profit and loss statement should include: your revenue (also called sales), followed by. Cash flow statement.