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? Hook them on the first page.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

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. The holy grail is break-even, when revenues first catch up with the outflow. But a solid financial forecast is a required cornerstone for any business plan.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

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

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

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

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

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

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

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. There are several different types of business plans that can help you stay on track.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

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

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

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

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

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. What is your business model?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

FEBRUARY 14, 2022

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. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

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

Up and Running

MAY 9, 2022

One of the best uses for a business plan is as an internal management tool to help you run your business. Now, this doesn’t mean that you need to write a full business plan that you’d traditionally use to pursue funding or pitch to investors. . What is an internal business plan?

Business Plan 160

Business Plan Forecast Lean Channel 160

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.

Vertical 264

Vertical Distribution Business Plan Software Developers 264

Startup Professionals Musings

SEPTEMBER 16, 2023

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Incorporating a business entity early through online services.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

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

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

Up and Running

MARCH 4, 2022

The number fluctuates from year to year with businesses coming and going. 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.

Business Plan 117

Business Plan Revenue Small Business Administration United States 117

Startup Professionals Musings

DECEMBER 5, 2021

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. That’s a double death wish.

Viral 348

Viral Marketing SEM Campaign 348

Up and Running

NOVEMBER 19, 2015

We all want the best for our babies—and our business plans! Nearly all businesses, whether they are small or large, are comprised of intellectual property (IP) and trade secrets, which can serve as the foundation for commercial success. Examples of IP and trade secrets include but are not limited to: Business plans.

Intellectual Property 60

Intellectual Property Business Plan IP Early Stage 60

The Startup Magazine

JUNE 4, 2023

In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. Sometimes businesses have to get creative when it comes to their small business financing, especially when revenue is low. However, we all know that’s not the case.

Finance 110

Finance Revenue Small Business Bootstrapping 110

Up and Running

APRIL 11, 2012

Bill Payne had a nice post on gust.com late last month titled Using your business plan , in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context. Do not hand investors your business plan when you first meet them.

Business Plan 85

Business Plan Elevator Pitch Technical Review Due Diligence 85

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

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

Business Plan 145

Business Plan Operations Lean Forecast 145

Startup Professionals Musings

NOVEMBER 28, 2020

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Incorporating a business entity early through online services.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

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

The Startup Magazine

OCTOBER 4, 2023

Developing a Business Plan The findings from your market research should form the backbone of your comprehensive business plan. A well-thought-out business plan helps keep your business on track, acting like a roadmap to your intended destination.

Balance Sheet 108

Balance Sheet Technical Review Business Model Business Plan 108

Startup Professionals Musings

MARCH 21, 2020

Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Attached is a copy of my full business plan for your review.” I don’t have a business plan, but the technology is disruptive.”

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Up and Running

MAY 2, 2011

Tweet Your business plan is the foundation of your business. It’s also an invaluable tool when it comes time to apply for a business loan. When lenders ask for a business plan, they are looking specifically for the following items: History of the business. How revenues are generated.

Business Plan 92

Business Plan SBA Revenue Finance 92

Up and Running

JUNE 8, 2016

If you already own your own hair salon, you’re wondering how to increase revenue and how to take your business to the next level. In this article, we’re going to review what’s worked for other businesses, and what the data has to say so that you can take advantage of strategies that you already know will work. In the U.S.

Revenue 60

Revenue Philadelphia Software Review New York 60