Remove Forecast Remove Marketing Remove Naming Remove Revenue
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14 Tips for Starting a Successful Business

Up and Running

Determine if there is a viable market. Take the time to conduct market research and identify your target customers. Ensure you understand the competitive landscape, barriers to entry, projected market growth, and what you can realistically achieve. Once you have actual financial data just update your forecasts.

Forecast 154
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Turn What-if to What-Now: The Importance of Scenario Analysis

Up and Running

” It’s been a favorite management tool of mine since my time as VP for a market research firm, and it’s a method I used for decades growing a software company from zero to well over $10 million in annual sales. Before I started my own business I was a market researcher, doing forecasts. Why is scenario planning important?

Forecast 120
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How to Improve Cash Flow

Up and Running

Forecast cash flow and manage that forecast carefully. You can get huge value from the process of regularly checking your cash flow to compare the actual results to your forecasts. You use the forecast and compare actual numbers to catch these significant trends early and make adjustments when necessary.

Forecast 114
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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335
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How to Write a Business Plan for a Cannabis Company

Up and Running

Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Arcview Market Research , in partnership with BDS Analytics. Target market: Who is your ideal buyer? Be specific.

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Unlocking the Power of Data: Transforming Metrics into Actionable Insights

Duct Tape Marketing

Unlocking the Power of Data: Transforming Metrics into Actionable Insights written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Janstch In this episode of the Duct Tape Marketing Podcast , I interviewed Peter Caputa, CEO of Databox, an innovative player in the realm of marketing analytics.

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Post-Crisis Digital Trends That Will Reshape Your Business in 2020

Up and Running

Cutting costs , revisiting forecasts , and stabilizing your business. Similarly, there will be more opportunities for companies to enter the freelancing platform creation market. As of today, IoT applications are present in the manufacturing, automotive, agriculture, energy sector, logistics, and hospitality industries, to name a few.