Remove Forecast Remove Intellectual Property Remove Revenue
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10 Startup Mistakes You Can't Afford To Make Again

Startup Professionals Musings

Forecast revenue growth that defies business principles. Forecasts that exceed 10 percent of a large opportunity in the first five years rarely happen and will likely disappoint you and your investors. Dismiss the need to register any intellectual property. You need patents and trademarks as a barrier to entry.

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Post-Crisis Digital Trends That Will Reshape Your Business in 2020

Up and Running

Cutting costs , revisiting forecasts , and stabilizing your business. In 2020, data breaches are among the greatest cybersecurity concerns, with health records, corporate intellectual property, smart cars, and connected devices being the most vulnerable targets. Revisit your business plan , forecasts, and company goals.

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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Even social entrepreneurs need milestones, quantifiable results, and revenue to sustain their value. Investors like to see new intellectual property as a barrier to entry.

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All About Patents: An Entrepreneur’s Guide

YoungUpstarts

Master the Art of Trend Forecasting (or Onboard Someone to Do it For You). Staying ahead of market trends in your industry, and forecasting what will be in demand in the coming five to ten years is a non-negotiable skill. A patent provides a means to protect your intellectual property.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Sales forecast : Projections of what you think you will sell in a given timeframe (1 to 3 years). Be specific.

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Valuations 101: The Dave Berkus Method

Gust

We recently started a series of posts on establishing the pre-money valuation of pre-revenue startup companies for purposes of investment by seed and startup investors. For example, some investors would not fund a company without at least a minimum of customer feedback or intellectual property.

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From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

Revenue streams are another critical component of your business model. This involves careful budgeting, financial forecasting, and cash flow management. It’s crucial to protect your intellectual property as well, including trademarks, patents, and copyrights. Start by defining your key resources, activities, and partners.