Steve Blank

AUGUST 23, 2010

At times I’ll do what I consider an extension of teaching; a two-day Customer Discovery/Validation intensive session with a large corporation serious about Customer Development at my ranch on the California Coast. So to get new divisions launched large optimistic forecasts are the norm. Solution : Get engineering buy-in by.

Customer Development 235

Customer Development Developer Customer South America 235

View from Seed

SEPTEMBER 18, 2019

Enterprise SaaS/B2B software – account executives (AEs) and sales developement reps (SDRs). The point here is not to do a granular forecast of revenue or number of users/customers, but to put a stake in the ground so investors understand what you believe is achievable with X amount of resources given Y timeframe.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Up and Running

SEPTEMBER 29, 2022

With this information, you can forecast the viability and profitability of the business. Track finances early. Even if you’re not a numbers person, you need to track your finances. To truly stay on top of your finances, you should start creating financial forecasts as early as possible. Consider financing early.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

SEPTEMBER 4, 2016

From manufacturing to sales to finance, the supply chain routinely fails to command the respect it deserve. Develop Relationships with Supply Chain Partners. Develop relationships with each of your supply chain partners and make communication a top priority. trillion in profits due to cost-saving and increased revenues.

Management 145

Management Forecast Los Angeles San Francisco 145

Up and Running

APRIL 22, 2020

This does not mean that you need 2-3 years’ worth of documents showcasing your revenue and cost of goods sold, but you’ll likely need reports that show at least 12-months of financial activity. Revisit your forecasts. You should be revisiting your forecasts regularly even if you’re not applying for a loan.

SBA 139

SBA Forecast Software Review Business Plan 139

Up and Running

NOVEMBER 18, 2021

A flexible line of funding could help you finance your changes , especially since you can pull from it on an as-needed basis. . You will need to research and estimate revenue opportunities thoroughly before you pivot. It’s a good idea to develop at least several years’ worth of profitability forecasts.

Forecast 84

Forecast Europe Small Business Demand 84

YoungUpstarts

OCTOBER 12, 2017

Many of these companies are pre-revenue and in the cash burn stage as they try to establish their technology and market. However, as a condition of financing they may require annual audited financial statements. For many startups this results in a need to raise additional financing through debt or equity arrangements.

San Francisco 133

San Francisco Forecast Early Stage Term Sheet 133

Up and Running

APRIL 30, 2020

Here are just a few what-if scenario questions to ask yourself as you develop different scenarios: Time to recovery: Think about how the world will recover from the current economic crisis. Financing options: Can I get an emergency payroll loan? Before I started my own business I was a market researcher, doing forecasts.

Forecast 120

Forecast Balance Sheet Burn Rate Software Review 120

VC Cafe

AUGUST 30, 2023

The Information revealed that OpenAI passed the $1 billion revenue pace over the next 12 months, far ahead of its projections. The enterprise features followed “Fine Tuning”, a feature by OpenAI that enables developers using the OpenAI API to customise GPT 3.5 It represents an 88% increase QoQ. But not all is rosy.

Generative AI 78

Generative AI ChatGPT Software Review API 78

The Startup Magazine

OCTOBER 8, 2020

Learn Discoverer: The application development process requires you to have an understanding of how to build modules in the ERP system. Learn Finance Module: The Finance module in the ERP system is used to manage cash flow (within the company) and integrates with transactional systems to ensure that there are no discrepancies.

Software 122

Software SQL Finance Forecast 122

Steve Blank

APRIL 1, 2020

Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Forecasted recovery date. Sales pipeline/forecast. The CEO should dial through as many of the largest existing customers to get a firsthand understanding of the magnitude of any revenue shortfall. Unemployment %.

South Korea 333

South Korea Salary Business Model China 333

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning. A version of this article appeared in the Harvard Business Review.

Michigan 268

Michigan Cofounder Stock Forecast 268

Up and Running

DECEMBER 9, 2014

Bates: Good morning and welcome to our CEO panel, “How to Fine-Tune Your Small Business Finances From Funding to Growth” which I think is the direction that we would all like to be going. I’m here with some really phenomenal CEOs who are going to talk to us today about small business finances from funding to growth.

Small Business 95

Small Business Finance Forecast Metrics 95

YoungUpstarts

OCTOBER 23, 2017

An early example occurred in 2010 when UBS Analyst Neil Currie accessed satellite imagery to monitor activity in Walmart parking lots, running the data thru a mathematical regression to translate it into customer activity for better earnings forecasts. This limits positive ROI DLT installations to lower volume/intermediated environments.

Technical Review 154

Technical Review Artificial Inteligence Software Review IPO 154

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup?   Sometimes, the bonus in bootstrapping is that the venture finds it doesn’t need acceleration financing. 

Finance 83

Finance Bootstrapping Startup Equity 83

YoungUpstarts

AUGUST 20, 2017

Enterprises forecasted to be most affected by AI in Asia include: financial services, healthcare, manufacturing, retail and transportation. There’s automated financial trading or automated content curation systems, such as creating automated news digests around sports or finance.

Artificial Inteligence 150

Artificial Inteligence Asia Singapore Technical Review 150

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Of the Inc. 5000 companies, only 6.5% raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

AUGUST 27, 2019

Specifically, they’re comparing their actual cash flow against their forecast so they can make smart, strategic spending decisions, and see when challenges are on the horizon. . Develop new products. Simply put, developing new products—assuming they’re the ones your customers want —will almost assuredly result in new revenue streams.

Forecast 70

Forecast Campaign API Technical Review 70

Duct Tape Marketing

FEBRUARY 10, 2022

Does that muddy up the forecasting, the models, or the accounting? [12:31] I, you know, if it doesn't okay, you know, it doesn't work, but I'm gonna give somebody my life and my finances and, you know, trust is gonna be a big deal. They do get more complicated as you get larger, but really, uh, revenue recognition is a phrase.

CPA 73

CPA Technical Review Revenue Forecast 73

The Startup Magazine

MARCH 29, 2024

Revenue streams are another critical component of your business model. Develop a marketing strategy that leverages both digital and traditional channels. This involves careful budgeting, financial forecasting, and cash flow management. Start by defining your key resources, activities, and partners.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130

Up and Running

OCTOBER 12, 2017

A formal business plan can be a great tool for businesses at any stage of development—not just for startups looking for capital. I believe your business plan should be a living document that you regularly consult (think at least quarterly) to measure how you’re doing today versus what you forecasted in your plan.

Metrics 128

Metrics Software Review Forecast Small Business 128

Gust

JUNE 19, 2012

One of my earliest excursions into market research was working for a research firm doing a 1979 forecast on ATMs. And if you’re a startup CFO, finance lead, bean counter, or presentation slide deck preparer, then you should read this book. I used to think you could use convenience and common sense to predict markets.

Startup 180

Startup Forecast Angel Investor Software 180

Feld Thoughts

OCTOBER 7, 2011

The co-founders decided to divide-and-conquer, with Dick tackling expense projections and Jane tackling revenue projections. Jane asked Josh, who provided SayAhh with solid advice on setting up their accounting systems , for help in creating the revenue side of their financial forecast. That’s what you should be doing.

Revenue 130

Revenue Forecast Cofounder Business Model 130

The Startup Magazine

DECEMBER 14, 2021

You can use business analytics for the following: Budgeting and forecasting. When you assess your historical data such as revenue, sales and costs, you can create a strategy to identify a better structure when handling your budget to make your goals a reality. . Research and Development. Risk Management.

Analytics 172

Analytics Social Media Forecast Media 172

Up and Running

JULY 2, 2018

How can you keep on top of the finances from the start of your startup journey? You can stay on top of your financials, comparing your forecast to actuals using simple Excel spreadsheets, but a financial dashboard tool that integrates with your cloud accounting solution can make it easier and save you time. Document projections.

Software Review 78

Software Review Technical Review Retention Startup 78

K9 Ventures

JULY 21, 2016

It’s one thing for a company at the scale of Apple to be developing custom machinery for their processes, it’s a whole other ball-game for a tiny startup to take on something like this (I strongly recommend against it unless there is no other viable option for it). Try tracking that failure mode down!

Software Review 48

Software Review Forecast Portfolio Distribution 48

OnlyOnce

JULY 9, 2013

Chapter 2: Defining and Testing the Story…Start Out By Admitting You’re Wrong, A Lean Business Plan Template, Problem, Solution, Key Metrics, Unique Value Proposition and Unfair Advantages, Channels, Customer Segments, Cost Structure and Revenue Streams. Budgeting in a Context of Uncertainty, Forecast, Early and Often.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

The Next Web

FEBRUARY 27, 2014

This is typically in conjunction with an upcoming financing or pending takeover offer. A competitive commodity business, or a “me too” story , will be less demanded, and hence, will require a lower valuation to close your financing. Your stage of development. You can follow George on Twitter at @georgedeeb and @RedRocketVC.

Valuation 167

Valuation Forecast Seed Stage .Net 167

VC Cafe

NOVEMBER 3, 2010

ISRAEL’S STATISTICS BUREAU FORECASTS 4% GROWTH IN 2010. The Israeli Central Bureau of Statistics (CBS) forecasts 4% growth for 2010 based on data it accumulated over the first nine months of the year. growth forecast for 2010 exports. For previous editions, click here. The growth figure is largely based on a new 9.1%

Bandwidth 79

Bandwidth Framework Forecast 79

Women Entrepreneurs Can

AUGUST 19, 2022

The more your finance team is involved in the process, the more organic alignment will result. The best corporate budgeting process involves the entire finance team, keeps them informed of key business decisions, and ties your budget to ongoing performance. Developing a financial strategy for your business requires careful planning.

Forecast 52

Forecast Finance Revenue Cost 52

Up and Running

OCTOBER 3, 2018

Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Name the products/services you will offer as your company earns more money and as your market develops new needs.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

ReadWriteStart

JANUARY 28, 2022

The market regards equity as an ownership “share” in a corporation’s income revenue stream. These include the general economic circumstances, both in the industry and in the broader economy, profits projections, anticipated corporate growth, the company’s stage of development, and financial ratio analysis.

Valuation 108

Valuation Equity Warrant Common Stock 108

The Startup Magazine

AUGUST 14, 2019

Any suppliers currently operating in the market represent competition and could significantly infringe upon your share of total revenue. Outline possible strategies for developing and launching the product from start to finish. Model the Finances. Create a detailed forecast of the costs involved in developing the business.

Startup 89

Startup Forecast Demand Finance 89

Growthink Blog

SEPTEMBER 13, 2017

To illustrate, let’s investigate two typical company scenarios: Company Scenario #1: A company lacking great financial traction - slow revenue growth, little profit - but one that competes in an industry attractive to strategic and financial buyers. Many software and healthcare businesses fit this description.

Harvest 48

Harvest IP Software Review Forecast 48

Up and Running

AUGUST 28, 2018

Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. When developing your ideal patient profile, consider: Who you enjoy working with. Do they self-pay or use insurance?

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72