The Startup Magazine

OCTOBER 4, 2023

Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. This encompasses every aspect of the client’s interaction with your business.

Balance Sheet 106

Balance Sheet Technical Review Business Model Business Plan 106

Startup Professionals Musings

JULY 15, 2013

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Otherwise, sales, marketing, and operational costs will kill you. The holy grail is break-even, when revenues first catch up with the outflow.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Growthink Blog

DECEMBER 27, 2017

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Focus on the “relevant” market size.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? 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. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? 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. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Startup Professionals Musings

MAY 8, 2016

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Just for clarification, I characterize a product plan as a formal description of your product or service, with a quick business description at the end for effect.

Business Plan 120

Business Plan Product Architecture Startup 120

Startup Professionals Musings

JUNE 21, 2020

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.

Revenue 434

Revenue Valuation Viral Retention 434

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

JANUARY 16, 2022

MySpace, for example, boomed after launch for five years without a revenue model. When their deep pockets went empty, Facebook stepped in, but demanded revenue from ads. Build a business plan for profitability in your lifetime. Yet it took almost six years to become profitable, with revenue only from advertising.

Revenue 297

Revenue Widget Angel Investor Early Stage 297

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. Target market (intended customers). Marketing and sales plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Seed capital is a component of the initial investments made in young businesses. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit.

Seed Stage 124

Seed Stage Technical Review Early Stage Due Diligence 124

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. Projected enrollment growth and market demand can also be tricky to estimate. A business plan should look about three to five years into the future. You want to review all the different components of your business model.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

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

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Up and Running

AUGUST 8, 2018

This article, which originally appeared on our LivePlan Blog , is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! For us, business planning isn’t just a one-time or annual event. Most people think that meetings are a waste of time. They’re right.

Software Review 65

Software Review Business Plan Product Forecast 65

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

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

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Startup Professionals Musings

AUGUST 8, 2022

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers. Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing.

Stock Options 277

Stock Options Incubator Framework Stock 277

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

The Next Web

DECEMBER 30, 2012

How do you monetize a unique business model based on users rather than selling an actual product? We have a very simple business model. Diversifying revenue streams at Wave. Not only is your revenue going to be negligible if the customer numbers aren’t there, but it’s hard to attract offers from tier-A advertisers.

Business Model 133

Business Model Technical Review Advertising B2C 133

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

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

ReadWriteStart

SEPTEMBER 9, 2022

The internet and technology have taken over businesses and marketing strategies, so it’s logical that any b2b company would want to capitalize on this medium to stay competitive in the market. . The B2B wholesale market has seen significant growth over the last few years, with a huge opportunity to be tapped into.

B2B 131

B2B Developer Technical Review Business Model 131

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. From this foundation, they’re constantly asking: “How can we execute our existing strategy, better?”. ” “How can we accelerate the plan?”

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

The Startup Magazine

AUGUST 27, 2018

As you prioritize your product rollout tasks, a mobile app, whether it is “the” product, or an adjunct marketing tool, is critical to the customer experience. Market research, though, is required before you put development resources to work. First determine whether there is a need for your product in the market or not.

Mobile 60

Mobile Social Media Marketing Business Model 60

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Up and Running

MARCH 4, 2022

If you want to remain profitable and thrive, you must have a plan to move forward. . A business plan does far more than help secure venture capital when you’re starting out. You’ll use a strong business plan throughout the life of a company. But what are the qualities that make a business plan more than a document?

Business Plan 117

Business Plan Revenue Small Business Administration United States 117

Steve Blank

APRIL 8, 2010

He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition. Why a business plan is different than a business model. A plan is static, a model is dynamic.

Business Model 328

Business Model Business Plan Customer Cap Table 328

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. Product/Market Fit Versus The Business Model Canvas.

Lean 248

Lean Business Model Balance Sheet Video 248

Up and Running

APRIL 29, 2019

When your marketing plan aligns with your branding goals, your company becomes memorable to the masses. Nearly every business owner has goals , but how you define and carry them out often makes the difference between success and failure. percent of American companies use some type of digital content marketing.

Marketing 142

Marketing Social Media Lean Campaign 142

Up and Running

SEPTEMBER 15, 2016

Most people think of the business plan as a one-time event, something used to accomplish a specific goal—getting funded, usually. The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Steve Blank

SEPTEMBER 22, 2011

As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + Customer Development. Read Business Model Generation pages 1-72, and The Four Steps to the Epiphany Chapter 3. Size the market opportunity.

Lean 333

Lean Web Coder Business Model 333

Up and Running

MAY 30, 2022

One of the most important things you can do to increase your chances of success is to have a business plan. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction. And it’s not just for startups.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150