Remove Finance Remove Retention Remove Revenue Remove Salary
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How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? The CEO should dial through as many of the largest existing customers to get a firsthand understanding of the magnitude of any revenue shortfall. How can you shift focus to customer retention versus acquisition?

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30 Entrepreneurs Share How They Prepare for a Bad Economy

Hearpreneur

Make a budget and keep a close watch on the finances , ensuring that there are no unnecessary expenses. Using feedback implements or engagement initiatives, keep employee expenditures lower later on by investing in teams’ satisfaction and retention now. This will keep them sustainable should revenues take a dive.

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Startup Founders Should Focus on Managing Expectations Before Managing KPIs

YoungUpstarts

The start of a new quarter prompts common questions from start-up founder’s and executives across Asia: What are our revenues and sales targets? How much further will our revenues drop? Retention of Staff. Compounded with recent events – start-ups top priority should be staff retention, not sales.

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How to Create an Online Fitness Business Plan

Up and Running

For example, you can discuss how you will use social media and email marketing to target your audiences, what digital marketing platforms you will use to automate your marketing, how you plan to use your software to build retention and deliver a seamless customer experience. Management team.

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29 Entrepreneurs Reveal the Pivots They’re Making in Their Business as a Result of Pandemic

Hearpreneur

Especially during challenging times, retention is significantly more crucial than acquisition. Although our in-person services were put on hold, our eCommerce products, including virtual services tripled in revenue. Due to that, we decided to widen our client base to increase our revenue. Thanks to Gavin Johnson, Evking ! #3-

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7 Tax Planning Strategies for Small Businesses

The Startup Magazine

It offers a credit of up to $10,000, which you can claim if your business revenue crosses $1 million. Employers can apply for an employee retention tax credit (ERC) to reduce their tax liability on salaries and wages. The company’s net revenue passes through the business owner’s tax liability.

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The unprofitable SaaS business model trap

A Smart Bear: Startups and Marketing for Geeks

Marketo filed for IPO with impressive 80% year-over-year growth in 2012, with almost $60m in revenue. of revenue, force-feeding sales pipelines with an unprofitable product. SaaS companies earn their revenue over time. Even with a great retention rate (e.g. of revenue, $0.30 Except, they lost $35m. for every $1.00