Remove Forecast Remove Lean Remove Marketing Remove SBA
article thumbnail

8 Things You Need To Start a Business During a Recession

Up and Running

Recessions, or even a volatile market like we’re currently experiencing due to COVID-19 , are difficult times. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. Better credit options.

article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

Lean 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Type of Business Plan Do I Need?

Up and Running

And also, what real business owners want—lean business plans for better management. All businesses start with a lean plan. So, every business is better off with a lean plan. It’s a short, effective collection of bullet points, lists, and forecasts, covering all of the functions above: It starts with bullet points for strategy.

article thumbnail

Do You Know How Your Business Is Doing and Where It’s Going?

Up and Running

It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business. 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
article thumbnail

8 Steps to Starting Your Own Business

Up and Running

Like, if you think your target market is people making above a certain income in south Texas, a list broker may be able to tell you how many people fit that criteria, to give you a sense of how big your target market actually is. Industry suppliers (again to get a sense of demand and for market information). Three years?

article thumbnail

8 Alternative Funding Options for Small Businesses

Up and Running

SBA and small business lending funds, for example, act as alternatives to typical bank loans. . If you’re pursuing a grant, government and SBA options are likely the most common but difficult routes to go. This avenue of financing is like launching a promo landing page to gauge interest; it’s a viable way to test the market.

article thumbnail

Working for Equity Instead of Cash

genylabs.typepad.com

Tracking and Forecasting the Trends Impacting the Future of Small Business. SBA: Small Business Administration Office of Advocacys Home Page. They had a great managment team, A list VCs, great technology, excellent sales traction and market leadership in a very exciting space. CRM Magazine: 2011 CRM Market Leaders.

Equity 40