Remove Business Model Remove Differentiation Remove Forecast Remove Naming
article thumbnail

How to Write a Business Plan for a Cannabis Company

Up and Running

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Remember that a business plan is a living document.

article thumbnail

Unlocking the Power of Data: Transforming Metrics into Actionable Insights

Duct Tape Marketing

The rising importance of predictive AI-driven analytics became clear, hinting at a future where forecasts will shape decisions. 07:11] With so many tools claiming the same space, how does Databox differentiate itself? [08:43] Questions I ask Peter Caputa: [0:48] What exactly does Databox do? [02:06] So that's pretty new. powered by

Metrics 72
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

18 Ways to Make Your Financial Model Stand Out to Investors

David Teten

Michael also observes, “One other comment I think would be worth mentioning, even though it seems ridiculously obvious, is the importance of speaking with model users about what is and isn’t important to them when analyzing a model….So Naming your file “Forecast.xls” does not make you look considerate or organized.

article thumbnail

9 Things That Take a Pitch From Good to Great

Up and Running

Instead, use real names and real customer challenges. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. The best way to show you how to communicate your business model is to show you an example of a good one.

article thumbnail

Pitch 4 Success

YoungUpstarts

Use a Bottom-Up Model. A common mistake is using a top-down model to forecast financials. This model tends to be way too optimistic, and ultimately unrealistic. Using the bottom-down model, you use your current situation and capabilities to see where you can reasonably go from there. Observe the 10/20/30 Rule.

Cofounder 185
article thumbnail

10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

This is also the place to first mention patents and any other differentiators that put you ahead of competition. How does your business model make money? Good causes such as feeding the world’s hungry may help your marketing but may not sustain a business. What are your forecasts for revenue, expenses and cash flow?

article thumbnail

9 Things That Take a Pitch From Good To Great

Up and Running

Instead, use real names and real customer challenges. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. The best way to show you how to communicate your business model is to show you an example of a good one.