Up and Running

MARCH 9, 2022

When you run a business, you typically know your destination and what you want to achieve. 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.

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Up and Running

APRIL 5, 2021

What new eCommerce norms mean for the future of business. While this unprecedented level of eCommerce growth may slow as vaccines are distributed, the expectations the pandemic has created aren’t going away anytime soon. Detailed plans have a way of working out. Forecast trends whenever possible.

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Up and Running

AUGUST 28, 2019

Also, creating a quick lean financial forecast will help ensure your business idea is viable and financially sound. Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea.

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Growthink Blog

SEPTEMBER 13, 2017

Many distribution, manufacturing, and service businesses fit this description. Putting out there as to what our financial results will be , and why - in the form of well-documented and reasoned financial forecasts. Putting out there what our actual financial results have been.

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Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

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Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   You can vary both valuation and term-sheet assumptions (in the gray boxes) to assess the impact on the values of the business. This is why a bottom up approach is more credible.

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Up and Running

OCTOBER 21, 2014

Day 5: Start ‘business planning’ not the ‘business plan’. Coming from someone who works for a company that makes business planning software , that may sound odd. The truth is, you’re going to do the ‘official plan’ a bit later, in week 2 when it comes time to sort out where your funding is coming from.

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Up and Running

JULY 8, 2015

The classic business plan on a napkin is about selling something for a lot more than it costs you to build it. The interest you pay on your business loans is an expense that reduces profits, but principal repayment isn’t. Paying dividends, draw, or distributions doesn’t affect the Profit and Loss. But it isn’t always.

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Startup Lessons Learned

JULY 6, 2011

Most of our management tools, like planning and forecasting, require a long and stable operating history. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. She works every day financing the next generation of startups. How do you know when to pivot and when to persevere?

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Up and Running

MAY 15, 2019

But, the good news is, if all those people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery. While it may be your dream to brew great beer, this guide will help introduce you to the business side of craft beer. Watch your finances.

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YoungUpstarts

APRIL 25, 2014

Write a fantastic business plan. A bank, or anyone else contemplating providing you with start-up finance, will almost certainly want to see a comprehensive business plan. A good business plan should include: The activities you will carry out. Realistic and detailed financial forecasts.

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Hearpreneur

SEPTEMBER 25, 2022

When an entrepreneur can forecast his next moves, even his/her employees become part of the moves the business makes. We asked entrepreneurs and business owners where they forecast their business will be in the next five years. #1- This is my vision for the next 5-year business plan.

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Up and Running

APRIL 29, 2014

That’s one of the areas that most people just, start a business. It’s part of the business planning that the folks over at LivePlan help you with. But basically, your personal finances and business finances are little more intermixed when it’s pass-through entity.

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