Remove Burn Rate Remove Business Plan Remove Finance Remove Management
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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

If you lack an obvious history of responsible debt management, try to start building that up by applying for smaller lines of credit and assuring that you regularly pay it off. Consistent and healthy cash flow reports, even over a few months, can potentially supplement a lack of long-term financial reports for young businesses.

SBA 139
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Turn What-if to What-Now: The Importance of Scenario Analysis

Up and Running

” It’s been a favorite management tool of mine since my time as VP for a market research firm, and it’s a method I used for decades growing a software company from zero to well over $10 million in annual sales. Does that impact your business? Financing options: Can I get an emergency payroll loan? Adjust as you have to.

Forecast 120
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10 Incentives For Entrepreneurs To Bootstrap Their Startup

Startup Professionals Musings

Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves. Count on several months of effort and costly assistance to court investors, with less than a 10% success rate.

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10 Reasons for a Startup to Skip Outside Investors

Startup Professionals Musings

Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves. Count on several months of effort and costly assistance to court investors, with less than a 10% success rate.

Startup 264
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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. And I’m now managing partner six years later.

Cofounder 337
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10 Incentives For Entrepreneurs To Bootstrap Their Startup

Gust

Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves. Count on several months of effort and costly assistance to court investors, with less than a 10% success rate.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. There are no standards for what each side (board versus management) does.