Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf.

Lean 60

Lean Business Plan Video Software Review 60

Both Sides of the Table

NOVEMBER 3, 2009

The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. Short answer: absofuckinglutely.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Due to its roots in manufacturing, Lean is often equated with the elimination of waste, but this view of Lean misses the mark on realizing its true value. Lean Transformations.

Lean 124

Lean Agile Technical Review Dilution 124

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

Business Plan 145

Business Plan Operations Lean Forecast 145

Up and Running

JANUARY 25, 2018

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. If you’re seeking investment or business loans, you’ll need a traditional business plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

MAY 14, 2015

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Up and Running

MARCH 26, 2015

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Up and Running

NOVEMBER 12, 2018

There are several different types of business plans that can help you stay on track. If you’re seeking a bank loan or outside investment, you probably need a traditional business plan. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Steve Blank

JUNE 26, 2014

We’ve pivoted our Lean LaunchPad / I-Corps curriculum. We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad is now being taught in over 100 universities. So why change something that worked so well?

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Steve Blank

OCTOBER 30, 2012

The Lean LaunchPad Class. You may have read my previous posts about the Lean LaunchPad entrepreneurship class. The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. How it Works.

Startup 335

Startup Lean Incubator Business Model 335

Up and Running

MAY 12, 2020

Can I afford the cost of any adjustments that need to be made? Make sure you can legally start a business from home: Check zoning laws in your area and ensure your home is “zoned” for business practices. Develop a Business Plan. It’s been proven that planning makes you more successful.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

The Startup Magazine

MAY 27, 2023

Useful Tools While you might not have a clear idea of the specifics of your business plan just yet (though it’s always worth thinking about), it will do you some good to brush up on the kinds of tools that are going to be useful for someone in your position. Your idea is a good one – it’s one that you believe in.

Social Media 113

Social Media Business Plan Software Review Audience 113

YoungUpstarts

AUGUST 24, 2017

More importantly, a subscription business model enables you to manage the cash flow, upgrade your business planning and optimize metrics such as churn rates, the lifetime value of a customer, expansion, and more. Through customer acquisition, you’ll work to grow the revenue and then, use that revenue to cover operational costs.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. You’re not forgetting it or avoiding the practices that have saved your business so far. Not only because of its capability to accelerate and automate rule-based processes but also because it helps achieve better operational efficiency and reduces human error.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Up and Running

JUNE 16, 2020

Starting a food truck business is an attractive alternative to opening a restaurant. The initial costs are significantly lower than opening a traditional restaurant and the popularity of food trucks only continues to grow. A business plan is a critical part of opening a food truck. Food truck business plan template.

Business Plan 161

Business Plan Forecast Social Media Cost 161

ReadWriteStart

JANUARY 26, 2021

Of course, most of you reading this know that the odds of your business becoming a tech unicorn are slim, even if you have a great idea in place. That’s because more than half of all startups fail within the first five years of operation. But even the leanest businesses need money to keep running. Pricing and Cost Issues.

Startup 180

Startup Angel Investor Business Model Demand 180

Up and Running

JUNE 25, 2020

If your sales have recently hit a plateau, check out these 10 proven methods to continue growing your business. You went through the process of identifying a target market when developing your business plan. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. For example, you have already started a business and successfully implemented your idea, and it’s running well. Crowdfunding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

OCTOBER 30, 2020

It will not only benefit customers but help cut costs on unnecessary ad spending or marketing campaigns that simply don’t connect with your audience. Importance of Storytelling in Brand Marketing Efforts Building an Email Marketing List Facebook Marketing: A Small Business Guide Good Marketing Strategy Starts With a Defined Message.

eCommerce 152

eCommerce Sales Software Review Canada 152

Up and Running

JULY 20, 2020

You’ll likely find it incredibly easy to make a massive list of startup costs. The trick is sticking with what’s necessary to operate effectively while minimizing any additional costs. And to do that you need to develop your business plan. Track everything. Hire intently. Upfront deductions.

Cost 108

Cost Small Business Startup Salary 108

Startup Professionals Musings

FEBRUARY 15, 2023

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Operate small, but show a big-company image.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Up and Running

SEPTEMBER 10, 2021

Organization and operations. Having all of your customer information organized within a single system helps your business become more efficient. This organizational efficiency opens up the opportunity for you to leverage your CRM as an operational tool. Are you ready to explore integrating a CRM into your business operations?

Management 116

Management Customer Software Review Technical Review 116

Steve Blank

MAY 9, 2017

To continually innovate, companies need to operate at startup speed and cycle time much longer their 20 th century counterparts did. Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.) The founders.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Up and Running

MARCH 17, 2020

If you’ve been putting off writing your business plan, you’re not alone. Writing a traditional business plan can seem like a daunting task, and lots of entrepreneurs avoid it for this reason. What is a one page business plan? The benefits of a one page business plan. But it doesn’t have to be.

Business Plan 86

Business Plan Balance Sheet Lean Forecast 86

Startup Professionals Musings

MAY 18, 2020

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Operate small, but show a big-company image.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Up and Running

APRIL 30, 2020

What will be the cost of letting somebody go when it includes recruiting and retaining a replacement later when the economy recovers? Maybe you, the business owner are responsible for this or maybe you entrust it to somebody on your team. Building scenarios using a business planning tool. Adjust as you have to.

Forecast 120

Forecast Balance Sheet Burn Rate Software Review 120

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Many entrepreneurship courses focus on teaching students “how to write a business plan.” Experienced entrepreneurs realize that no business plan survives first contact with customers. Syllabus is here.

Lean 279

Lean Business Model Agile Customer Development 279

YoungUpstarts

MARCH 30, 2016

How do you make sure you’re doing everything to make your business successful? Every business needs a business plan. It’s more than just a plan that helps you identify your goals. However, you can reduce some of your costs by being willing to go for used plant machinery.

Lean 100

Lean Reputation Employee Hiring 100

Women Entrepreneurs Can

DECEMBER 7, 2021

In this blog post, I will share 11 easy steps to reduce your carbon emissions and become an Eco-Friendly Business Operator! For example, you can save up to 80% on electricity costs by installing LED lights in place of fluorescent bulbs. . Reduce, reuse and recycle are the most important words in the Eco-Friendly business.

Operations 59

Operations Green Lean Employee 59

Startup Professionals Musings

JUNE 18, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Cost 255

Cost Burn Rate SEM Startup 255

Up and Running

OCTOBER 30, 2017

In order to start a successful business, passion alone isn’t enough. You need to plan, set goals, and above all, know yourself. How will these affect day-to-day operations? How easy is it (and how much will it cost you) to acquire a customer? If you will be seeking outside financing, a business plan is a necessity.

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Up and Running

SEPTEMBER 8, 2016

Can I afford the cost of any adjustments that need to be made? Make your business official. Now you’re certain you want to (and can legally) operate a business out of your home, it’s time to knuckle down and get your business registered with the appropriate authorities. Register your business name.

Software Review 60

Software Review Technical Review Intellectual Property Guerilla 60

Up and Running

DECEMBER 17, 2020

And one question that many startups overlook at the early stages of formulating their business plans: do you have a well-reasoned, effective, and budget-savvy marketing plan? Marketing Is a distinct business function. Most firms will schedule a consultation with you at no cost. Entrepreneurs aren’t superheroes.

Marketing 142

Marketing Technical Review SEO Hosting 142

Up and Running

OCTOBER 12, 2017

When Corcoran suggests you need to “…have a complete understanding of your company’s…prospects,” she’s alluding to a business plan and the potential your business has for future growth. It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business.

Metrics 128

Metrics Software Review Forecast Small Business 128

Up and Running

OCTOBER 21, 2014

Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market. Part of the reason we spent a full day researching and figuring out location, has to do with what it will cost you to start.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166