Up and Running

JULY 31, 2014

Don’t set a sales goal or a sales forecast with a hundred line items in there. Think about no more than 10 categories, preferably five and under, and put your business into those categories and then set goals for those categories and say in dog boarding, don’t say luxury boarding, small dog boarding, weekly boarding, just say dog boarding.

Software Review 74

Software Review Sales Acquisition Small Business 74

Up and Running

MARCH 9, 2022

And there will be financial and business roadblocks that detour your path to success. There are numerous instances where an in-depth view of your business finances can help avoid risks. Financial ratios can also help navigate the risks of selling a particular product or service for small business owners.

Equity 136

Equity .Net Balance Sheet Operations 136

Up and Running

JUNE 25, 2014

Hopefully I’ll be able to add some value with some of the financing needs that your businesses may need. Then on the planned side, I know many of you work with Palo Alto and BPlans on new business plans, obviously a startup. Then we look at what the small business financing needs.

Small Business 89

Small Business SBA Finance Bankruptcy 89

Up and Running

AUGUST 20, 2014

It’s a risk and it will make many aspects of running a business harder: getting loans; attracting investors; paying suppliers and employees, and growing the business. Many businesses fail due to lack of cash, not lack of profits. This means, keeping an up-to-date cash flow statement as you run and grow your business.

Forecast 135

Forecast .Net Dividend Finance 135

Up and Running

JULY 1, 2019

This site features their podcast episodes and articles on everything from financing your startup to company culture. This blog run by Lincoln Murphy focuses on the customer lifecycle and how to best optimize customer acquisition and retention. And of course, we have to mention the Bplans guide to starting a SaaS business.

Startup 109

Startup Cofounder Hosting Community 109

Steve Blank

DECEMBER 7, 2010

Many entrepreneurship courses focus on teaching students “how to write a business plan.” are what make it a business, 2) business plans are fine for large companies where there is an existing market, existing product and existing customers. . This class is not about how to write a business plan.

Wiki 312

Wiki Lean Management Business Model 312

Up and Running

OCTOBER 1, 2014

And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). “Make sure you’re on top of your personal finances, and project how long you can last on that money,” Nelson advises. Plan ahead.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Seeing Both Sides

OCTOBER 24, 2015

And are you sure your gross margin calculation is factoring in all variable costs not related to customer acquisition or are some costs sneaking "below the line" into, say, SG&A? To fix this one, the rule of thumb I suggest you use is to discount an additional 10% points beyond whatever your finance head says your gross margin is.

Churn Rate 20

Churn Rate Early Stage Revenue Metrics 20