Remove Balance Sheet Remove Lean Remove Operations Remove Revenue
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. Gross burn is the total amount of money you are spending per month.

Burn Rate 383
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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein.

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

Up and Running

You can revisit the analysis at any time and make adjustments based on your updated budgets and revenue numbers, as well as the changing economic landscape. Start with a spreadsheet that includes worksheets for sales , expenses , P&L , balance sheet , and cash flow. The main benefit is the scenario is not set in stone.

Forecast 120
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How to Write a Business Plan for a Cannabis Company

Up and Running

If you simply want to map out the aspects of your business for internal use, you can consider a Lean Business Plan. Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your operations plan. Operations. Extraction operations? Be specific. Financial plan.

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How to Write a Business Plan for an Outpatient Medical Practice

Up and Running

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. Or maybe you will want to extend your practice’s hours of operation. Your operations plan.

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How to Run Your Company Based on Metrics: What, Why, How, Who, and When

David Teten

Operations should focus relentlessly on the latter.”. The most common financial metrics ffVC asks companies to compare vs. budget are: Gross Revenue. Monthly Recurring Revenue (MRR). Average Revenue Per Account. Vanity metrics do not inform, guide or improve the business; they are not actionable. . So how do you do it?

Metrics 60
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. Intel under their last two CEOs delivered more revenue and profit than any ever before. These resulting business models made them look incredibly profitable.