YoungUpstarts

JUNE 16, 2020

This method branches off into two schools of thought: Past Earning Capitalization – this suggests that the expected revenue in the future can be predicted by a record of the company’s past earnings, once undue revenue or expenses are accounted for and multiplies the projected earnings by a capitalization factor.

Valuation 162

Valuation CPA Software Review Revenue 162

Occam's Razor

SEPTEMBER 24, 2012

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Compute ROI: (cost of Facebook campaigns + salary of people running campaigns + agency creative costs) vs. profit from incremental product sales. Metrics are a problem.

Metrics 165

Metrics Advertising Marketing Social Media 165

Up and Running

JUNE 11, 2014

The question is, how do you decide what your own salary should be? We asked 12 founders from the Young Entrepreneur Council: How should startup founders calculate their own salaries versus those of staff members once the company starts to grow? Their responses — and tips for calculating your salary fairly — are below: 1.

CPA 123

CPA Salary Exit Strategy Cofounder 123

Up and Running

DECEMBER 9, 2014

Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. Three, I’m a book keeper, accountant or CPA and other. Three, I’m a bookkeeper, accountant or CPA or other. Which metrics do you most rely on to understand your business itself. Two, revenue.

Small Business 95

Small Business Finance Forecast Metrics 95

ConversionXL

SEPTEMBER 30, 2020

An accurately trained model on thousands of customer journeys can predict the probability to buy in the next 7 days (as well as revenue) effectively. This way, during the first session initiated by the Google ad click, the model predicts some non-zero value of possible future revenue—even if the user doesn’t convert right away.

Artificial Inteligence 121

Artificial Inteligence Channel eCommerce Conversion 121

Up and Running

MAY 28, 2015

We’re looking at our lean business planning is about strategy, tactics, concrete specifics including milestones, metrics, tasks and schedule, and essential numbers to run a business, all of which lead to managing cash flow. You need metrics because we’re human. It is a very difficult proposition. Are we recruiting?

Lean 60

Lean Business Plan Video Software Review 60

Small Business Force

FEBRUARY 21, 2014

This doesn't mean you have to become a CPA or go take a boatload of accounting courses, but, at least, learn to understand what's in a basic income statement and balance sheet and what they mean. Follow the "gospel of cash flow" and it starts with revenue generation. This is more than just revenue or expense. What are yours?

Finance 37

Finance Management Forecast Entrepreneur 37