Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. But with so many people trying to get their share of the growth, many subscription box businesses fold within a year or two. There are several different types of business plans that can help you stay on track.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

DECEMBER 5, 2021

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. That’s a double death wish.

Viral 348

Viral Marketing SEM Campaign 348

Startup Professionals Musings

AUGUST 14, 2020

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

Business Plan 393

Business Plan Marketing SBA Venture Capital 393

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64

Lean Business Plan Revenue Forecast 64

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

The Startup Magazine

JANUARY 27, 2022

By writing a good business plan, you can transition into business strategy and reach your goals in a clearer and more organized way. Evolving your business is surely among your main objectives, and the most efficient way of achieving this is by focusing on digital marketing strategies. Digital marketing. Web development.

Startup 151

Startup Australia Web Development Forecast 151

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. Even for startups, it takes years for a new product to become good enough to demand many millions of dollars in revenue.). Yet mobile advertising revenues were paltry.

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Startup Professionals Musings

FEBRUARY 24, 2019

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. That’s a double death wish.

Viral 268

Viral Marketing SEM Campaign 268

Startup Professionals Musings

JULY 1, 2020

The norm for entrepreneurs is to be optimistic on revenue projections, and miserly on funding needs. YouTube and Facebook, for example, both advertised themselves as dating sites until they recognized from results that the dating market segment was already over-saturated. Getting to the next level of growth is a constant challenge.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

Up and Running

MAY 2, 2011

Tweet Your business plan is the foundation of your business. It’s also an invaluable tool when it comes time to apply for a business loan. When lenders ask for a business plan, they are looking specifically for the following items: History of the business. How revenues are generated.

Business Plan 92

Business Plan SBA Revenue Finance 92

Up and Running

JUNE 8, 2016

If you already own your own hair salon, you’re wondering how to increase revenue and how to take your business to the next level. In this article, we’re going to review what’s worked for other businesses, and what the data has to say so that you can take advantage of strategies that you already know will work. In the U.S.

Revenue 60

Revenue Philadelphia Software Review New York 60

YoungUpstarts

NOVEMBER 19, 2019

This could happen by reducing expenses, increasing your sales, and generating more revenue. Even though improving your revenue and increasing sales are complementary goals, each area requires a unique strategy if your company is going to see more cash in the bank. Differentiating Between Revenues and Sales.

Revenue 165

Revenue Sales Warrant Differentiation 165

Up and Running

JUNE 16, 2020

A business plan is a critical part of opening a food truck. A good plan is like having a recipe for your business and gives you the best chance of success. It will guide you through the process of getting up and running and make sure that you plan for all of the expenses and risks that will be involved.

Business Plan 161

Business Plan Forecast Social Media Cost 161

Startup Professionals Musings

MARCH 12, 2012

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. Until you get a million page-views per month, your revenue will be negligible, and advertisers won’t be interested in your site. This is a tough business.

Revenue 266

Revenue PPC Advertising CPA 266

Startup Professionals Musings

AUGUST 10, 2014

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. A business only achieved critical mass by becoming cash-flow positive.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

Startup Professionals Musings

MARCH 25, 2023

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Valuation 235

Valuation Revenue Viral Retention 235

YoungUpstarts

AUGUST 24, 2017

As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Subscription business brings recurring revenue. There are not many business models that provide such freedom and steady growth as a sub-segment of eCommerce – subscription business.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Startup Professionals Musings

MAY 6, 2023

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

SBA 300

SBA Venture Capital Business Plan Social Media 300

Startup Professionals Musings

SEPTEMBER 22, 2022

Great marketing is required to generate revenue and grow every business, especially new businesses which have no brand recognition nor loyal customer base. Yet, as a business consultant, I still find many of you business leaders relying primarily on your technology, word-of-mouth , or location to attract necessary customers.

Marketing 333

Marketing Revenue Matching Viral 333

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 11, 2010

He published revenue figures even when they were still pathetic , he pledged loudly and eagerly to give away lots of free copies to non-profits, and he revealed all his (remarkably effective) marketing strategies (updated here ) even though it meant competitors would learn them too. Advertising ?? transmogrification] ?

Software Review 261

Software Review Technical Review Viral Software Developers 261

Startup Professionals Musings

NOVEMBER 21, 2016

After listening to hundreds of startup pitches, and reading even more business plans, most new venture investors develop their own favorite list of “red flags” that signal the beginning of the end of their interest. They know it’s especially hard to provide a financial return with a free business model.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Industry & market sizing. Exit strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Then one day it was over.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JUNE 26, 2016

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $400B. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Revenue 145

Revenue Valuation Startup Viral 145

Growthink Blog

NOVEMBER 10, 2017

Below are our top 20 reasons why you need a business plan. Reference our proven business plan template to most quickly and easily complete your plan. To prove that you’re serious about your business. To establish business milestones. Creating the business plan forces you to analyze the competition.

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Up and Running

NOVEMBER 12, 2020

For many small businesses, determining your marketing budget is likely an afterthought. Actually spending money on advertising or other marketing costs can feel daunting and fruitless, especially when first starting out. Your competition is already advertising to your customers, which makes an appropriate response necessary to compete.

Artificial Inteligence 142

Artificial Inteligence Marketing Channel Campaign 142

YoungUpstarts

OCTOBER 9, 2020

Look at SEO and develop a strategy for content or paid advertising to address why customers are finding a company’s web page. Also, look at digital advertising and social media platforms. Look at branded, and non-branded search traffic, and understand what’s driving people to a competitor’s site, and what’s driving them to your site.

Developer 214

Developer San Francisco Technical Review Sales 214

Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Industry & market sizing. Exit strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

The Startup Magazine

AUGUST 29, 2019

The working capital loan is required to run a complete cycle of revenue-generating operations. However, funding involves the usual process of sharing the valuation details and business plan along with the project reports, which then determines the sanctioning of the loan.

Startup 122

Startup Government Valuation Technical Review 122

Startup Professionals Musings

FEBRUARY 25, 2017

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. That’s a double death wish.

Campaign 167

Campaign Cost Viral Marketing 167

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

JANUARY 6, 2011

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. Until you get a million page-views per month, your revenue will be negligible, and advertisers won’t be interested in your site. This is a tough business.

Advertising 225

Advertising CPA Startup PPC 225

The Startup Magazine

MAY 11, 2020

A business budget plays a significant role in identifying income streams, variable costs, and fixed expenses. Creating a financial business plan helps you set aside monthly payments for rent, small business loans, and supplies. Boost Sales and Revenue. Revise Your Budget.

Software Review 123

Software Review Small Business Management Bankruptcy 123

Duct Tape Marketing

APRIL 29, 2024

You could choose our system to move from vendor to trusted advisor, attract only ideal clients, and confidently present your strategies to build monthly recurring revenue. Listeners who sign up via that link will also receive 15% off an annual plan. Not can we drive revenue? It's time to transform your approach.

Entrepreneur 50

Entrepreneur Cofounder Early Stage Artificial Inteligence 50

Startup Professionals Musings

AUGUST 11, 2013

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are called marketing campaigns, which continue to rise in cost. That’s a double death wish.

Viral 249

Viral Marketing Entrepreneur SEM 249

Startup Professionals Musings

AUGUST 25, 2023

Do a written business plan to validate your thinking. Even if your plan seems simple and intuitively obvious to you, writing it down and having it reviewed by experienced friends will moderate your passion and assure you that all key elements are addressed. These days, you can’t start and run a business alone.

Intellectual Property 245

Intellectual Property Social Media Angel Investor Metrics 245