article thumbnail

Business Valuation: Determining The Worth Of A Company

YoungUpstarts

Business valuation is defined as a way to determine the overall economic value of a company , and is a necessary component of a sound business plan and strategy. Any of these situations will demand a valuation to determine current and future projected value. .

Valuation 162
article thumbnail

Episode 39: Cash Flow and Niche Focusing with David Knowles and Kacee Johnson

Mike Michalowicz

David sheds some light on the world of credit reporting, and Kacee talks about how to create a solid business plan for your company. Awarded the CPA Practice Advisor Magazine’s “Top 40 Under 40” Award in 2012 and 2013, she is recognized as one of the young professionals leading businesses into the future.

Iceland 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Marketing And Analytics: Two Ladders For Magnificent Success

Occam's Razor

More often than not, magnificent success results from executing a business plan that is rooted in a strong understanding of the landscape of possibilities, and a deep self-awareness of business capabilities. Focus on optimizing your Cost per Acquisition (CPA). In many cases, it is a tendency we have to learn to restrain.

Analytics 165
article thumbnail

A Simpler Plan for Startups

Up and Running

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Business advisors, experienced entrepreneurs, bankers, and investors generally agree that you should develop a business plan before you start a business.

Startup 114
article thumbnail

How to Open a Marijuana Dispensary

Up and Running

There are a lot of rules to follow and I would strongly advise that people get help right from the get-go: a lawyer and a CPA,” says Lincoln. Step 4: Write a business plan. Mitch, who used Bplans to write his dispensary business plan in 2010, says a business plan separates you from the crowd.

article thumbnail

30+ Small Business Ideas That Use Skills You Already Have

Up and Running

If you’re ready to get started, check out our construction and engineering sample business plans or our plumbing sample business plan. Start a construction business. Check out our complete startup guide: Construction Business Startup Guide. Start a mechanic business. Do you love working on cars?

article thumbnail

Business ecology and the four customer currencies

Startup Lessons Learned

A business that strives for something like this should absolutely be charging money from day one, in order to establish baselines for their two key metrics: CPA (the cost to acquire a new customer) and LTV (the lifetime value of each acquired customer). Now consider a traditional media business.

Customer 156