Up and Running

AUGUST 20, 2018

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

JULY 1, 2020

You may grow to tap new markets or increase sales in your current markets. A good business plan is critical to starting a successful business. Creating a plan for business expansions is no less essential. How to use your business plan as a checklist. As the saying goes, haste makes waste.

Business Plan 152

Business Plan Forecast Operations Dilution 152

Up and Running

OCTOBER 30, 2020

5 proven business tips for increasing eCommerce sales. All I asked — What is your best advice for online businesses to get sales? Word-of-mouth is a crucial part of any growing business’s marketing strategy. Establish an omnichannel footprint for meaningful customer experience — Rytis Lauris, Omnisend.

eCommerce 152

eCommerce Sales Software Review Canada 152

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Are there customers for what you are building? Is there a profitable business model?

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Startup Professionals Musings

OCTOBER 6, 2023

Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

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

Both Sides of the Table

NOVEMBER 3, 2009

In an era of “launch and learn&# is there a need for a business plan? I have seen really great product people espouse the death of the business plan. So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

Up and Running

SEPTEMBER 10, 2021

Many small businesses are turning to customer relationship management systems(CRM) to better understand customer wants and needs. CRM applications, often used in combination with data warehousing, eCommerce applications , and call centers, allow companies to gather and access customer information. What is CRM?

Management 116

Management Customer Software Review Technical Review 116

Startup Professionals Musings

MARCH 3, 2023

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 280

Business Plan Product Architecture Business Model 280

Up and Running

AUGUST 17, 2020

Typically this means investing in sales technology that makes you more agile and is easily scalable as you drive long-term growth. One vital, but often-overlooked, need is effective documentation, specifically when writing sales quotes. Integrating a new software or service platform with your business can be a costly endeavor.

Software Review 113

Software Review Software Sales Small Business 113

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? Define your customers precisely.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Up and Running

OCTOBER 3, 2017

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Build your plan, then organize it.

Business Plan 134

Business Plan Balance Sheet Forecast Lean 134

Startup Professionals Musings

MARCH 21, 2021

For entrepreneurs, effective networking is required to find investors, partners, and customers. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. Customer retention. Time management.

Technical Review 333

Technical Review Startup Software Review Retention 333

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

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. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Up and Running

JUNE 28, 2016

What kinds of businesses are likely to jump in on it if you create a new market and become successful? In the early days of business plan software, when I first developed and sold templates to do business plan financials in the middle 1980s, I was the first to do that. That’s your competition.

Business Plan 109

Business Plan Technical Review Software Review Vertical 109

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

JANUARY 24, 2021

Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Up and Running

AUGUST 6, 2021

You’ve heard all the sales pitches and lofty claims before, and you’ve developed a snap reaction of disbelief. You can also focus on your brand mission , nonprofit efforts, the people behind your business , and even the way you make your products or services. They’re far more valuable as long-term customers.

Small Business 149

Small Business Customer Social Media Channel 149

Up and Running

FEBRUARY 14, 2017

If you’re serious about opening a restaurant, you’ll have to draft up a formal and accurate business plan to pitch to banks, investors, and even potential employees. I won’t lie—writing a formal business plan isn’t exactly a breeze. You can set a clear vision for your restaurant’s path to success with a business plan.

Business Plan 120

Business Plan Social Media Forecast Database 120

Steve Blank

MARCH 3, 2015

Berkeley were heavily funded to develop Cold War weapon systems. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. We had multiple business plan competitions.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

SoCal CTO

OCTOBER 6, 2011

I’m going to take that thought out into the field and validate it with my customers." I’ve spoken to dozens of customers, I have a validated customer persona, built an MVP to test key behavioral hypotheses, and the data doesn’t back what you’re saying." Customer Validation 101. Either: "That’s interesting.

Customer 227

Customer Fractional CTO Viral Lean 227

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

Up and Running

NOVEMBER 12, 2018

Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. There are several different types of business plans that can help you stay on track. Target market (intended customers). Financial plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

APRIL 18, 2021

Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Even if you feel that all is well, here are some thoughts and actions I would strongly recommend: Whole team must know the plan. Contact key vendors and existing customers.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

YoungUpstarts

MAY 12, 2020

Additionally, you’re not expected to excel at every single vertical of successfully managing the business. But it’s a lot harder to prepare a proper business plan unless you’re planning ahead of time and considering the additional resources, you will need help you with this endeavor. Or maybe with sales?

Vertical 264

Vertical Distribution Business Plan Software Developers 264

Startup Professionals Musings

AUGUST 14, 2020

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

Business Plan 393

Business Plan Marketing SBA Venture Capital 393

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 82

Business Plan Incubator Software Review Programming 82

YoungUpstarts

AUGUST 11, 2020

. “A goal without a plan is just a wish!” Every successful business idea had a strategically written business plan. To provide direction of business development or just to attract investors, a business plan is a roadmap toward a company’s success. . Business plan format.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

Startup Professionals Musings

JANUARY 6, 2023

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers. It’s tough for an elephant to be agile.

Startup 287

Startup Bandwidth Distribution Agile 287

Up and Running

DECEMBER 18, 2020

But one of the less obvious and more costly reasons is utilizing marketing that doesn’t connect with your customers. You can have a great product or service, an obvious opportunity and still be wasting money on customers that simply don’t appear. Defining an opportunity, what problem you solve, and turning it into an actionable plan.

Framework 130

Framework Customer Sales Cost 130

Startup Professionals Musings

OCTOBER 3, 2021

The impact of a memorable story was highlighted for me recently as I reviewed the classic book, “ Sell With A Story ,” by Paul Smith, who is an expert trainer on increasing business results through storytelling. The words can be simple, like “I was meeting with a customer in Boston,” or “When my home was devastated by a tornado.”

Elevator Pitch 313

Elevator Pitch Technical Review Boston Sales 313

Up and Running

OCTOBER 5, 2020

Customer service. The perceived relationship and meaningful customer service is probably near the top of your list. Why is building relationships with customers important? Developing strong customer relationships can make or break a small business. 5 ways to build strong customer relationships.

Customer 85

Customer Channel Email Programming 85