Up and Running

DECEMBER 26, 2018

Are you ready to start your business this year? Sometimes it can help to hear from small business founders who were able to breathe life into their business idea and make it go. These four founders shared their success stories with our LivePlan team over the past year. Allison Reitz, founder of Good Elephant.

Small Business 112

Small Business Founder Metrics Forecast 112

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

JANUARY 16, 2013

Our thanks to Small Business Trends and the Young Entrepreneur Council 10 Reasons Why You Should Write A Business Plan. the fact is that a business plan — even just a one-pager with a few financial projections — can be a valuable internal tool. This is a very good list. The top-level summary: . Organization.

Business Plan 96

Business Plan LLC Forecast Early Stage 96

Up and Running

AUGUST 21, 2014

In this webinar, we take time to discuss the different metrics that startups—and established businesses—should be tracking. What a lot of companies or startups don’t realize is when you put up forecast together, it’s difficult if you’re a startup. In terms of pre-purchase, traffic and content metrics.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Steve Blank

MAY 14, 2012

Any dispassionate observer would recognize that on Day One, a start-up has no customers, and unless the founder is a true domain expert, he or she can only guess about the customer, problem, and business model. Founders, presuming they know their customers, assume they know all the features customers need.

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

Up and Running

NOVEMBER 10, 2015

Our LivePlan customers are entrepreneurs, our founder and staff have run and sold companies, the Bplans readers are aspiring entrepreneurs (or actual entrepreneurs), and as I sell my own handmade jewelry, I like to think I have a very small claim to the title. Getting your thoughts organized into a business plan pays off.

Curation 60

Curation Lean Software Review Finder 60

Up and Running

MAY 20, 2014

In an industry that lauds performance metrics to constantly track progress, there’s something fluffy about a professional degree that is not a prerequisite for anything. Unlike medical school or law school, you don’t need an MBA to go into business. Since customers are the center of any business, that changed the way I think.

Entrepreneur 88

Entrepreneur Advisory Board Silicon Valley New York 88

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

JANUARY 10, 2011

In a startup founders and the board need to do exact the opposite of a large company – failures need to be shared, discussed and dissected to extract “lessons learned” so a new direction can be set. As a founder I quickly learned how open I could be with my board. Founders lead by example in sharing Lessons Learned.

Forecast 267

Forecast Agile Revenue Founder 267

Startup Professionals Musings

OCTOBER 12, 2010

It’s human nature to prioritize the metrics that get measured, so the simple act of keeping track is often enough to have a significant positive impact. I suggest you try to figure out the 3-5 key metrics that are used to judge the health of companies in your industry, and keep track of these somewhere in your scorecard.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

Feld Thoughts

AUGUST 12, 2011

When we were last with Dick and Jane on Finance Fridays, our fearless entrepreneurs were figuring out how to split up their founders equity and account for an investment from Jane. Build a financial model that forecasts the P&L. QuickBooks allows you to forecast expenses. as a C-Corp in Delaware. historical data).

Balance Sheet 136

Balance Sheet Forecast Cap Table Early Stage 136

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&# If you haven't already, you should check out Discovery Driven Planning.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

AUGUST 12, 2015

Recently, Palo Alto Software CEO Sabrina Parsons hosted a webinar for our Bcast members on how to use LivePlan to create a better business plan, pitch your idea to investors, and track your business. As a successful small business owner, Sabrina wanted to show off how LivePlan’s many features can help boost your business.

Forecast 60

Forecast Video Business Plan United States 60

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. Statdragon is a Saas platform that allows businesses to access and analyze metrics about their existing videos and optimize their video marketing strategy. Plan ahead. How do dragons fit in here?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Lessons Learned

JULY 6, 2011

The finished book will come out on September 13, featuring an amazing cover designed by my IMVU co-founder Marcus Gosling and refined and tested by so many of you. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it.

Lean 167

Lean Startup Metrics Private Equity 167

Up and Running

OCTOBER 21, 2014

Day 3: Establish your business location. The business location you choose has to be appropriate to your business and your business strategy. Tim Berry, founder of Palo Alto Software suggests asking yourself the following questions: Will your customers ever see your space? A sales forecast. Startup costs.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.   In a bottom up approach, the forecast is built from actual user projections.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Seeing Both Sides

OCTOBER 24, 2015

Thus, the cost of capital for a start-up (and the dilution a founder faces in exchange for that capital) is very high. If you have a business with strong network effects, there can be a reason to believe that your metrics will meaningfully improve over time.

Churn Rate 20

Churn Rate Early Stage Revenue Metrics 20

Up and Running

MAY 15, 2019

But, the good news is, if all those people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery. The Hughes brothers developed a solid business plan and built a core team to bring their vision to reality. Review your business plan regularly.

Oregon 24

Oregon Jordan Software Review Distribution 24

Up and Running

MAY 22, 2018

For any startup founder pitching their idea to investors, landing the deal is never a guarantee. Sometimes investment deals don’t work out because the businesses themselves aren’t as solid as they should be. The next pillar is your team: you, any co-founders, and other roles that will be critical for scaling. Master the numbers.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90