Up and Running

NOVEMBER 6, 2020

Because of this, it’s critical to create a plan that includes a solid financial forecast. Who your target audience is Your sales and profitability projections Who you are and why you’re qualified to build this business How much money you’re raising (if you’re seeking investment). Make this into a story and engage your audience.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

Up and Running

DECEMBER 24, 2020

For the information and technology industry, subscription models are now a core business model. No matter your business model, you should be forecasting sales, expenses, and cash flow. The best thing you can do is treat sales and onboarding initiatives as the start of a long-term relationship.

Business Model 93

Business Model Churn Rate eCommerce Software 93

Up and Running

OCTOBER 7, 2019

It’s important to define and measure KPIs associated with your business goals and milestones so they can be used to inform actions that will lead to positive outcomes. . Get input from analysts, department heads, managers, and other team members that need to act on the information. . Sales KPIs. Marketing KPIs.

Founder 71

Founder Retention Metrics Technical Review 71

Both Sides of the Table

MAY 19, 2018

When you raise money from investors you produce information that you are told they want and care about: A fund-raising deck that articulates your company strategy, plans, team, market, competitors and so forth. Investors love to be able to see what you told them in forecasts in prior years and then compare with how you actually performed.

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

ConversionXL

DECEMBER 2, 2020

Like many young SaaS startups, we had no shortage of marketing and sales data, but it wasn’t easy to comprehend. The information was there, but it was scattered all over the place. This arrangement made it challenging to give a quick answer to basic questions on user conversions or to comment on traffic rates and MRR.

Churn Rate 78

Churn Rate Analytics Retention SQL 78

Up and Running

FEBRUARY 12, 2019

As the CEO of your own company, you will be expected to be the lead sales person, so show the investors that you know how to sell them on your own company. 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 ?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Up and Running

JANUARY 24, 2014

As the CEO of your own company, you will be expected to be the lead sales person, so show the investors that you know how to sell them on your own company. For example, here’s an appropriately detailed financial forecast for a SaaS (software as a service) business: We leverage the site traffic and customer base of partners A, B, and C.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138