Remove Acquisition Remove Balance Sheet Remove Churn Rate Remove Metrics
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Visualizing the Interactions Between CAC, Churn and LTV

A Smart Bear: Startups and Marketing for Geeks

If you like this, go see his Shockwave Innovations blog ) Anyone that has taken an accounting class or learned basic business financials knows the interaction between key elements of a P&L (revenue, cost, expense) and a balance sheet (assets, liabilities, equity). Jason Cohen also wrote a very insightful article about this issue.

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How to Write a Business Plan for a Subscription Box Service

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Key metrics. Going smaller, use key metrics to ensure that your business is on track to reach your milestones. The five key metrics to judge your subscription model’s success are: Churn and churn rate. CAC (customer acquisition cost). Here’s a balance sheet template you can use to get started.

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Webinar Recap: 14 Tips on How to Pitch and Get Funded

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You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow. That moves into the customer acquisition strategy. This includes again another acronym I’m going to share, CAC, the cost to acquire a customer, the customer acquisition cost.