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3 Ways Structure Can Take Your Tech Startup To New Heights

YoungUpstarts

Whether it’s burn rates, balance sheets, or P&L and cash flow statements, financial documents say a lot about your operations — and you need to be able to speak the language. It can be easy to forget — not to mention boring — but it presents a tremendous obstacle when it comes to fundraising. Get it all in writing.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Ganjapreneur recommends including polls about the increased demand for cannabis legalization. With the rise of new cannabis companies, it is important to differentiate your cannabis company from the competition, whether you are opening a farm, extraction operation, or dispensary. Your operations plan. Marketing and sales plan.

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Containing Growth Chaos: Five Things To Do When Your Company Is On The Upswing

YoungUpstarts

We see balance sheets go from being in the red to finally creeping into the black and, if we’re fortunate enough, beyond our wildest dreams. In business, growth is a big deal, especially when you think about this: Most businesses cease operations and shutter their doors before ever really hitting their stride.

Cofounder 100
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5 Key Elements to Consider When Creating Accurate Financial Projections

Women Entrepreneurs Can

You must review your company’s most recent income statement, cash flow statement, and balance sheet. Using your chosen approach (top-down or bottom-up), forecast the revenue your startup will generate and the expenses associated with reaching that level of sales.

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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

Projected enrollment growth and market demand can also be tricky to estimate. Write about the market and how you’re fulfilling demand. If you’re in a neighborhood that has 2,000 kids you still have room for a few daycare centers to serve demand, assuming around 10 percent to 20 percent of parents will enroll their kids in daycare.

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How to Start a Construction Company

Up and Running

Construction companies have their ups and downs (for example, the economic crisis of 2008 hit construction firms hard ), but it’s an industry that will always have demand—and where there’s demand, there’s opportunity. Since there is always demand for construction companies, it is an industry where there can be lots of players.

SBA 60
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Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior 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 6 months. COGS” represents the amount that each sale costs you.