Remove 2008 Remove Business Plan Remove Forecast Remove Sales Cycle
article thumbnail

When Is the Right Time to Pay Yourself a Salary?

Up and Running

Though that level of restraint may mean living quite “lean” in your personal life for a while, doing so provides an opportunity to establish solid footing for your business as early as possible, so that you have at least one year to learn from the trends and sales cycles that will emerge once you’re past “break even.”

Salary 119
article thumbnail

Are You Ready to be Quantitative? - Startups and angels: Along the.

Tim Keane

Always Make New Mistakes » April 14, 2008. As one example, think about forecasting sales based on market potential and competition, rather than simply on historical results by salesperson. If that leads us to needing additional sales people, can we forecast the benchmark for productivity based on past results?

Ireland 60