Startup Professionals Musings

OCTOBER 16, 2023

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Quantify overhead costs.

Forecast 290

Forecast Burn Rate Widget Business Plan 290

Startup Professionals Musings

FEBRUARY 5, 2021

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Per-unit cost less cost of goods sold is your gross profit or margin. Project based on your market size how many widgets you will sell in every channel. Quantify overhead costs.

Forecast 369

Forecast Burn Rate Startup Widget 369

Startup Professionals Musings

JANUARY 4, 2015

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Per-unit cost less cost of goods sold is your gross profit or margin. Project based on your market size how many widgets you will sell in every channel. Quantify overhead costs.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120