The Startup Magazine

MARCH 8, 2024

By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability. You may need funding for new equipment, hiring additional staff, expanding facilities, or investing in marketing and advertising campaigns.

Finance 124

Finance Technical Review Metrics .Net 124

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Use social media for early marketing.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

OCTOBER 30, 2020

You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Minimize permanent hiring and customized operational facilities. Minimize permanent hiring and customized operational facilities. Facilitate rapid growth through contracted resources.

Merger 386

Merger Acquisition Software Review Social Media 386

The Startup Magazine

OCTOBER 4, 2023

This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. Hiring Staff Your staff will often be the face of your business, interacting directly with customers. Finding the sweet spot where quality meets affordability is key.

Balance Sheet 109

Balance Sheet Technical Review Business Model Business Plan 109

Startup Professionals Musings

DECEMBER 5, 2021

Here are three key cost elements of just the viral marketing campaigns: Hire brand evangelists. Some startups not only ignore this and don’t budget for it, but they actually plan on the free viral marketing to generate enough revenue from click-through advertising to fund operations and future growth. That’s a double death wish.

Viral 348

Viral Marketing SEM Campaign 348

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Your human resource activities can be outsourced to: Independent HR consultants are professionals who can assist you with hiring, HR policies, and other decision-making.

United States 138

United States Salary UAE Hiring 138

Both Sides of the Table

DECEMBER 27, 2011

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

Startup 418

Startup Revenue Technical Review Flash 418

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Use social media for early marketing.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Mucker Lab

OCTOBER 10, 2023

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? If there are inbound leads, the situation is different; hiring an AE might be suitable if these leads align with the ideal customer profile.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

Steve Blank

JANUARY 17, 2023

Their financial models are based on membership fees that grant access to a shared coworking space, resources, and access to other founders and operational expertise. That’s because unlike accelerators, which operate on a six- to 12-week cadence, studios don’t have a set timeframe. Carlos stirred his coffee.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

Up and Running

JULY 28, 2022

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

The Startup Magazine

OCTOBER 19, 2020

Operating a business in the twenty-first century is quite difficult. In addition to the complexities of business operations, companies face extreme competition in the market. Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth.

Technical Review 153

Technical Review Forecast Analytics Social Media 153

The Startup Magazine

OCTOBER 26, 2021

There are so many businesses around us, and to stay in the game, you need to think of ways to improve your small business revenue. As a small business owner, you need to do some research on industry practices for growing small business revenue. Today’s world is all about competition. Follow industry best practices. Final thoughts.

Small Business 167

Small Business Mobile Revenue Social Media 167

YoungUpstarts

NOVEMBER 19, 2020

They want to see that a business is operating on all six cylinders. Processes refers to operating procedures and employee handbooks. Keep in mind, profits are never the problem, they are always a symptom of not operating on all six cylinders. Generally, companies sell for either a percentage of revenues or a multiple of EBITDA.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

View from Seed

SEPTEMBER 18, 2019

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

YoungUpstarts

NOVEMBER 13, 2020

Independent contractors can change the way your business operates. Many professionals have stepped out of the workforce to facilitate e-learning or hybrid school schedules until schools resume normal operations. It’s easy to find and hire an independent contractor. by Lesley Pyle, MSc., founder of HireMyMom.com .

Hiring 246

Hiring Non-disclosure Agreement Non-Compete NDA 246

Up and Running

FEBRUARY 16, 2022

Due to the nature and growing popularity of online fitness, you should also include how you will differentiate your business and specifically operate in the online space. How it has evolved, popular trends, such as online workouts, exercises, and on-demand fitness content, and relate it back to how you will operate in this market.

Business Plan 81

Business Plan Software Review Demand Operations 81

The Next Web

NOVEMBER 6, 2013

If your startup’s goal is to sell a product or service but you’re having a hard time with your revenue model, affiliate marketing might be the perfect match to give you that much-needed boost. Affiliate marketing can help your startup rise above the clutter and increase your revenue. What is affiliate marketing?

Affiliate 134

Affiliate Revenue Internet Marketing 134

ReadWriteStart

NOVEMBER 20, 2023

” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. Jamie Irwin, Director at Straight Up Search, highlights the importance of implementing process improvements to enhance operational efficiency and reduce unnecessary expenditures.

Software Review 138

Software Review Technical Review Retention Cost 138

crowdSPRING Blog

JANUARY 27, 2013

We write often about ways small business can reduce expense, increase productivity, and operate more efficiently through a lean approach to marketing, technology, and operations. Today I want to write briefly about a strategy we have used to very good effect when hiring new workers: outsource. Reduce, reduce, reduce.

Lean 99

Lean Hiring Salary United States 99

Board Effect

JUNE 1, 2021

There are two parts to the budget — expenses and revenue. Revenue may not stream in as expected and large, unexpected expenses can creep up. The two primary components of a budget are income and revenue, and many subcategories fall under the umbrella of each. Nonprofit Operating Budget.

Software Review 98

Software Review Technical Review Revenue Forecast 98

YoungUpstarts

MARCH 11, 2019

You will develop the knowledge and skill set to lead your business out of uncertainty and will be able to generate a healthy annual revenue. Each employee will contribute to your company’s productivity, revenue, and reputation. Recruitment Issues. Technology Advancement. Technology is changing rapidly. Supply Chain Problems.

Reputation 127

Reputation Technical Review Global Leadership 127

Up and Running

JUNE 7, 2021

Most companies are focused squarely on the extrinsic motivation of making a profit to expand their operations and satisfy their shareholders. Increasingly, businesses today realize that the key to longevity and long-term profitability lies in making humanity and purpose central tenets of their operations. Begin with leadership.

Framework 191

Framework United States Employee Vesting 191

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Use social media for early marketing.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

The Startup Magazine

APRIL 15, 2021

As more states legalize sports betting – likely more will follow suit as a way to drum up some extra tax revenue – it is an excellent time to get in and capitalize on the booming and competitive industry as a gaming entrepreneur. Many of the jobs advertised on company pages are for computer engineering, data analysts, and operations.

United States 102

United States Offshore Revenue Technical Review 102

YoungUpstarts

DECEMBER 5, 2020

The software offers a simple to use interface and smoother operations. A few of the best features of Upserve include splitting items and checks, training mode for new hires, offline mode; restaurant analytics; and menu intelligence. To organize your inventory and improve your operational efficiency, EagleOwl is just what you need.

Software Review 165

Software Review Software Management Social Media 165

Steve Blank

OCTOBER 15, 2019

And by product, I mean the creation of new hardware, services, software, tools, operations, tradecraft, etc. For the contractors, anything new offers the real risk of losing a lucrative existing stream of revenue. People who manage processes are not the same people as those who create product. The result is process theater.

Government 315

Government Technical Review Acquisition Metrics 315

YoungUpstarts

JUNE 4, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture. A comprehensive revenue architecture should be designed to enable a startup to generate and monetize awareness, engagement and usage.

Framework 127

Framework Architecture Cleveland Early Stage 127

Startup Professionals Musings

JULY 17, 2019

Strong leaders continually work on a strategy of hiring, developing, and retaining the best and the brightest. Too many business owners I know push these efforts to the bottom of their priority list, in favor of the operational crisis of the moment, or until they feel gaping holes in their team.

Technical Review 218

Technical Review Revenue Analytics Metrics 218

The Startup Magazine

AUGUST 28, 2019

Carefully determine your budget , then give yourself a large handicap—a large margin for error—to account for things invisible until operations begin. Poor Hiring. When in actual operation, energy costs will differ from what you calculated them to be. Erring on the side of caution is what you’ll want to do. Source: Pixabay.

Software Review 86

Software Review Technical Review Cloud Operations 86

YoungUpstarts

AUGUST 7, 2019

That would be absolutely disastrous for your company – and it’s such a waste of potential revenue. Hire the right key people. So hiring the right people is really important. Hire agency staff. You could also try using hiring platforms – but they can also have significant disadvantages.

Technical Review 138

Technical Review Startup Agile Hiring 138

YoungUpstarts

DECEMBER 21, 2020

Diversifying revenue streams (35%). It would be difficult to find a small business that didn’t need to adapt their operations in some form due to the pandemic. Changing their hiring and recruiting processes (47%). The survey found the top activities are: Increasing marketing efforts (41%). Cutting expenses (36%).

Small Business 147

Small Business Cofounder United States Technical Review 147

Up and Running

AUGUST 24, 2020

Driven by job cuts and budget reductions urging businesses to hire more freelancers , online freelancing platforms will enable companies to tap into expanded pools of global talent and hire qualified workers. But there are plenty of cost-saving, productivity and even hiring benefits that make remote work an attractive option.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

YoungUpstarts

MAY 24, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture. A comprehensive revenue architecture should be designed to enable a startup to generate and monetize awareness, engagement and usage.

Framework 113

Framework Architecture Cleveland Early Stage 113

Feld Thoughts

JUNE 9, 2021

There’s a final part on The Future of Fractional Executive Work with a chapter by a different leader for each area above. Matt’s writing shows up regularly throughout, including an ending chapter for each section titled CEO-to-CEO Advice.

Fractional CTO 195

Fractional CTO Cofounder Startup Lead Investor 195

Up and Running

DECEMBER 23, 2020

When you’re starting or growing a business , a major trade-off you’ll ultimately have to consider is the efficiency of your operations versus finding, winning, and keeping customers (revenue versus expenses). Weigh hiring an employee versus implementing software. Learn where you can add accountability.

Entrepreneur 149

Entrepreneur Sales Cycle Early Stage Texas 149