Startup Professionals Musings

JANUARY 9, 2021

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 434

Exit Strategy Valuation Acquisition Metrics 434

Up and Running

MAY 12, 2020

Think about an exit strategy. But establishing an exit strategy is another important piece that forces you to look toward the future of your business. Like the rest of your business plan, your exit strategy does not need to be set in stone. Point of Sale system (if necessary). Business phone system.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Up and Running

SEPTEMBER 19, 2018

With the rise of new cannabis companies, it is important to differentiate your cannabis company from the competition, whether you are opening a farm, extraction operation, or dispensary. Once you identify your ideal customer, you can tailor your marketing and sales plan to that person. Your operations plan. Buyer persona.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Up and Running

MARCH 14, 2018

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, and so on). Customer acquisition: Marketing and sales strategy. Your exit strategy. This is your opportunity to blow your own horn! How will you reach your customers?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Startup Professionals Musings

APRIL 27, 2016

Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event. Investors know that the fun of a startup turns into managing production processes, sales processes, and personnel in a few years.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Growthink Blog

DECEMBER 27, 2017

Operations Plan Goal of the operations plan: Present the action plan for executing on your company’s vision. The operations plan transforms the business plan from concept into reality. And the operations plan proves that the management team can execute on your concept better than anybody else. Concept vs. reality.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

JUNE 6, 2013

Craft an operational plan and make it work. They need an operational CEO who knows the market and the marketing game. He must nail down a sales process that fits the domain and economy. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

YoungUpstarts

JANUARY 10, 2018

Few buyers will get excited about a company currently operating at a loss. You’ll find exceptions to this rule, like Snapchat, which was operating at a loss at its IPO, when it experienced high initial trading prices due to its huge popularity and untapped monetization capabilities. Profile Your Customer Base. Wrapping Up.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

MAY 2, 2012

Craft an operational plan and make it work. They need an operational CEO who knows the market and the marketing game. He must nail down a sales process that fits the domain and economy. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model.

Founder 248

Founder Startup Exit Strategy Leadership 248

Up and Running

AUGUST 28, 2018

Or maybe you will want to extend your practice’s hours of operation. Components of this section include: Your marketing and sales plan. Your operations plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Operations. Ideal patient profile. Financial plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

JUNE 7, 2020

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Up and Running

JANUARY 2, 2013

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, etc.). Most start-up teams are missing some key talent – be it marketing, management expertise, programmers, sales, operations, financial management, etc.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Startup Professionals Musings

FEBRUARY 4, 2011

Craft an operational plan and make it work. They need an operational CEO who knows the market and the marketing game. He must nail down a sales process that fits the domain and economy. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model.

Search 224

Search Startup Exit Strategy Leadership 224

ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. Now you may want to scale up your operations or expand your presence. The third reason is to fund your short term operational expenses or working capital.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

mashable.com

MARCH 20, 2014

Whats your exit strategy? Before accepting an offer with a startup, ask what their exit strategy is, and make sure youre on board. What is the sales strategy? In addition, the prospective employee can decide if his or her goals align with theirs. Bobby Grajewski , Edison Nation Medical. Nanxi Liu , Enplug.

Technical Review 103

Technical Review Software Review Exit Strategy San Francisco 103

Growthink Blog

APRIL 13, 2011

For example, your strategic plan MUST include building operational systems that an acquirer would value. The process of preparing your company for sale is called "exit strategy planning." We recently formalized our exit strategy planning consulting service. So why would Shutterfly choose to buy?

Exit Strategy 69

Exit Strategy Intellectual Property Acquisition Stock 69

Startup Professionals Musings

MARCH 13, 2020

Demonstrate an understanding of business operation realities. If you insist on projecting $100 million in sales the first year, smart investors will likely run for the nearest exit. Define an exit strategy for investors to liquidate their share.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

Up and Running

OCTOBER 3, 2018

Tailor your marketing and sales plan to attract more people like your ideal customer. Components of this section include: Your marketing and sales plan. Your operations plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Operations. Number of visits per sale.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Duct Tape Marketing

APRIL 18, 2024

As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. John (04:26): So a lot of books consulting around this idea of scaling, making a business run without you really all come down to systems and process and operations.

Framework 76

Framework Sales Cycle Sales Hiring 76

Up and Running

JULY 24, 2017

For example, with an existing company, that information might be as simple as adding recent annual sales or number of employees to the basic company information in the first bullet here. For a startup, it might be a brief description of aspirations, such as a sales goal for the next year or three years from now.

Software Review 151

Software Review SBA Due Diligence Business Plan 151

Up and Running

NOVEMBER 12, 2018

Marketing and sales plan. Operations. The target market section of your subscription box business plan identifies which subset of people you will focus your marketing and sales plan on. Creating a buyer persona puts you in the customer’s shoes to guide marketing and sales decisions. Marketing and sales plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Berkonomics

JANUARY 16, 2014

Example: percent of ownership, officer/operational, director/board member… What are the parties willing to give up in return for the prospect of business success? Create roles and guidelines in the potential partnership: What role and responsibility will each of the partners have including operation, financial, sales, marketing, etc.?

Technical Review 81

Technical Review Due Diligence Exit Strategy Partner 81

Up and Running

MAY 17, 2017

Plus, you’ll always be prepared in case an opportunity or desire to sell arises in the future—it’s a smart idea to have an exit strategy. In sales, it is a common practice to take the needs, wants, and desires of your potential customer and to present your product or service as a solution. million in sales revenue.

Acquisition 92

Acquisition Technical Review Revenue Exit Strategy 92

Up and Running

MAY 1, 2014

Marketing and Sales Plan. What marketing and sales tactics will you be using? Highlight the key aspects of your financial plan, ideally with a chart that shows your planned sales, expenses, and profitability. Marketing and Sales Plan. Who are you selling to? Read more ». How are you going to reach your target market?

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Hearpreneur

OCTOBER 5, 2018

Business software isn’t glamorous but it’s nonetheless important to help sales, operations, purchasing and fulfilment teams to process sales orders and ship them out on time. Get some mentors on board, preferably those who are in the same industry and have their exit strategy well in place.

Software 58

Software Management Entrepreneur Vietnam 58

Up and Running

AUGUST 20, 2018

Every business has long-term and short-term goals, sales targets, and expense budgets—a business plan encompasses all of those things and is as useful to a startup trying to raise funds as it is to a 10-year-old business that’s looking to grow. The projections include sales, costs, expenses, and cash flow. Market trends.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

MAY 14, 2015

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Feasibility plans, internal plans, operations plan, annual plans, and strategic plans. All businesses can use a lean plan to manage strategy, tactics, dates, deadlines, activities, and cash flow. Business plans for startups.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Startup Professionals Musings

SEPTEMBER 30, 2015

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 120

Exit Strategy Startup Valuation Acquisition 120

YoungUpstarts

MARCH 9, 2016

And, at the conclusion of your company’s sale, that you have achieved the post-deal involvement that you wanted, without leaving money on the table. He or she should understand your business, the industry in which it operates, and have a good grasp of your company’s culture.

Technical Review 100

Technical Review Due Diligence San Francisco Merger 100

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Startup Professionals Musings

MAY 28, 2016

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Exit Strategy 155

Exit Strategy Metrics Operations Cost 155

Up and Running

JULY 15, 2016

Depending on your field of business, there are different challenges to overcome and strategies to employ to run a successful China operation. Whether you are a travel operator, real estate broker, or gourmet restaurant, you should strategize for attracting Chinese customers. See Also: Starting a Business Guide.

China 60

China Entrepreneur Technical Review Framework 60

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. I previously posted a detailed presentation with sales technology tools useful for B2B sales.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

MAY 15, 2018

Use a billing software to record the sales and invest in a relationship with a tax professional only when needed. They will also have a say in how the business is run, and they’ll be highly interested in your exit strategy, as they will make the majority of their money when your business is sold. Venture capital.

SBA 84

SBA Angel Investor Technical Review Startup 84

YoungUpstarts

NOVEMBER 22, 2013

One of the first things the Dragons are always interested in is how the company actually runs on an operational level. This means that, if your company is operating under a certain paradigm, they’re going to be really interested in how and why this particular procedure exists. Establish Company Paradigms Before Seeking Capital.

Entrepreneur 171

Entrepreneur Exit Strategy Tampa Venture Capital 171

Startup Professionals Musings

OCTOBER 1, 2016

The team succeeded in all functional areas, but we found it difficult to generate sales for our new and innovative technology. After a number of challenging years we determined that the market did not develop as expected and I closed the operation down. An exit strategy is being discussed by senior management and funding partners.

Leadership 120

Leadership Matching Exit Strategy Europe 120