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

The Startup Magazine

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Revenue streams are another critical component of your business model. Will you opt for direct sales, subscriptions, or a freemium model? However, do so with caution and strategic planning.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . Your business plan should make it simple for potential partners and supporters of all kinds to understand your business model and financials.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . Your business plan should make it simple for potential partners and supporters of all kinds to understand your business model and financials.

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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

There is an old saying in the startup investor community, “Smart investors invest in the team, not the idea.” As an angel investor, I’ve learned to believe in this approach, since I have seen great ideas go astray, due to poor execution and I have seen apparently marginal ideas make millions, managed by a savvy entrepreneur.

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8 Things You Need To Start a Business During a Recession

Up and Running

There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway.

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17 Venture Capital Blogs You Should Be Reading

Up and Running

This is the home of Jason Cohen, software startup founder, bootstrapper, investor, and mentor. Jason does an excellent job explaining the math behind more complex subscription forecasting, but also touches on topics like marketing and company culture. Follow Jason on Twitter @ASmartBear. Follow Bill on Twitter @billgurley. Hunter Walk.

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Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We’re looking at our lean business planning is about strategy, tactics, concrete specifics including milestones, metrics, tasks and schedule, and essential numbers to run a business, all of which lead to managing cash flow. That’s the sales forecast, the spending forecast and the cash flow.

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