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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

Depending on the nature of your business, it could be the number of clicks, time on the website, pages viewed, downloads, email/blog subscription, or trial signup. Customer churn rate: shows the percentage of customers lost in a given period (e.g., canceling their subscriptions or not making a repeat purchase.). Sales KPIs.

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A Complete Guide to Forecasting Sales for Your Monthly Subscription Business

Up and Running

If your business is building a subscription service, creating a reliable sales forecast is a critical step to understanding how your business will grow and what the key drivers of revenue growth will be. Up next, I will walk you through the critical components of a subscription forecast, and show you exactly how to build your own.

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

A detailed financial model that shows your anticipated revenue, costs and profits (Income Statement) as well as your balance sheet and cashflow statements. What happens is 18–20 firms access the data room and download all of your documents. Most entrepreneurs (and VCs raising from LPs) think this means progress. It doesn’t.

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9 Things That Take a Pitch From Good to Great

Up and Running

What’s more compelling than big talk is to show exactly how you will reach those millions—what information about your company do you have that’s made you forecast those kinds of sales ? percent average conversion rate. 5 percent monthly churn rate. 160 is average revenue per user (ARPU). Show your darn product!

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Startup Benchmarks

VC Cafe

Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate?

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How to Write a Business Plan

Up and Running

Your business plan isn’t complete without a financial forecast. An online software company might look at churn rates (the percentage of customers that cancel) and new signups. Three-year projections are typically adequate, but some investors will request a five-year forecast. Sales Forecast. Read more ».

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How to Write a Business Plan for a Subscription Box Service

Up and Running

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. To help you get started, you can download this free business plan template for writing a traditional business plan for a loan or investment, or this Lean Plan template for a more nimble, easy to update plan.