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Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

When & Whom should you hire? when is the right time to hire your first sales employee? how do you forecast? how should a VC do due diligence on sales operations? 14:18 Your first hire should be someone who’s hungry and willing to work. 15:00 Hire somebody who will punch above their weight class.

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Entrepreneurial Essentials – The Foundations Of A Successful Startup

YoungUpstarts

So you have a great business idea, you’ve done your research and due diligence, you know your market and you are good at what you do. Forecasting how much you need to start your business will, of course, depend on many things, including: Premises – lease establishment, renovations, signage etc. What could go wrong?

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5 Risks Of Buying A Business And Profiting Off The Opportunities They Create

YoungUpstarts

The risk: You base your purchase price, valuation, loans, and cash forecast off historical financials, only to find out a few months into owning the business that the numbers were all wrong and you are losing cash. The opportunity: Negotiate a better price on your deal with findings in a due diligence report.

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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

These collective sets of documents form the basis of what somebody looking at investing would call “financial due diligence.” Investors love to be able to see what you told them in forecasts in prior years and then compare with how you actually performed.

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The 10 Questions I Didn’t Expect to Be Asked by Investors

Up and Running

It’s actually a very good idea to have multiple budgets and financial forecasts developed in your business plan so that you can address three different growth models for scaling your business. #6 If investors find your pitch interesting, they will want to begin what’s called the due diligence process.

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How Much Funding Should You Raise?

Up and Running

Receiving more funding often means more due diligence and having to accept higher control provisions from investors. You hire more staff than you need, become inefficient with operations, or move to bigger offices. A higher valuation for your business leads to greater expectations. The urge to spend.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

For both origination and due diligence, a host of companies aspire to be the “Bloomberg of private companies”, including CB Insights , Crunchbase , DataFox , FuelUp , fundsUP , Mattermark , Qodeo , Quid , Tracxn , Unomy.com , and Zirra. 5) Due diligence. Talent Relationship Management tools (e.g., 6) Negotiate deal.