Startup Professionals Musings

FEBRUARY 5, 2021

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

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Forecast Burn Rate Startup Widget 369

Berkonomics

OCTOBER 15, 2020

What are you worth to the business? But when forecasting the ultimate viability of a business, many times an entrepreneurial founder uses a low, unsustainable salary rate for him or herself in order to show early breakeven. The post Should you include your sweat equity in a business plan?

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Sweat Equity Equity Business Plan Balance Sheet 62

Up and Running

JUNE 23, 2022

Where you borrow money from angel investors or venture capitalists willing to lend money to startups for more interest and usually an equity kicker as well. Giving a small percentage of ownership is called giving an equity kicker. Change your business plan. To review and revise your business plan.

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SBA Finance Balance Sheet Technical Review 163

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). What is Sweat Equity Worth?

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Sweat Equity Equity Fractional CTO CTO 55

Startup Professionals Musings

JANUARY 4, 2015

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

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Forecast Entrepreneur Burn Rate Widget 120

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Business Plan 2 3 6 8 16.

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Equity Employee Founder CTO Hire 62

Up and Running

SEPTEMBER 9, 2014

Assets = Liabilities + Equity. If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. The importance of a balance sheet in a business plan.

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Balance Sheet Equity .Net Business Plan 115

Up and Running

MARCH 24, 2021

Doing this grows your current customer base, expands the available market, and simultaneously improves your brand equity within the enterprise email management market. Now, market development isn’t always possible, meaning that you’ll need to still focus on growing your business by acquiring customers already served in a given market.

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Software Review Marketing Campaign Forecast 146

Up and Running

OCTOBER 12, 2017

But, it is important to understand what’s going on within their business—it’s really the only way to plan for growth. Whether you’re simply trying to scale your business or seeking equity investment, having a plan is key. . Do you have a plan? Do you regularly review your plan?

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Metrics Software Review Forecast Small Business 128

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Financial forecast and metrics. Include a current valuation estimate.

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Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Financial forecast and metrics. Include a current valuation estimate.

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Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

MAY 15, 2018

Write a business plan. It is not possible to chalk out how you are going to spend the money without having a business plan. In fact, most investors (and zero banks) will fund your venture without a complete business plan. Your business plan also needs to have a realistic financial forecast.

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SBA Angel Investor Technical Review Startup 84

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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Software Review Software Delaware Forecast 74

Up and Running

NOVEMBER 20, 2018

For example, if you’re an aspiring entrepreneur who feels “mathematically challenged” (and many of us do), then you may feel intimidated by financial forecasting and fall into a pattern of prioritizing other tasks. Use tools that can help you manage the challenging aspects of your business. Practical ways to get started.

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Sweat Equity Startup Lean Italy 93

Gust

AUGUST 5, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Financial forecast and metrics. Include a current valuation estimate.

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Business Plan Sweat Equity Exit Strategy Intellectual Property 182

NZ Entrepreneur

OCTOBER 10, 2019

What do investors want to see in a business plan? Early stage business investors such as angel investors or venture capital companies are generally only interested in companies with great potential for success and a high return on investment. How large is the target market? Which markets can be opened up?

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Business Plan Forecast Venture Capital Angel Investor 51

OnlyOnce

JULY 9, 2013

Chapter 2: Defining and Testing the Story…Start Out By Admitting You’re Wrong, A Lean Business Plan Template, Problem, Solution, Key Metrics, Unique Value Proposition and Unfair Advantages, Channels, Customer Segments, Cost Structure and Revenue Streams. Chapter 3: Telling the Story to Your Investors…The Business Plan is Dead.

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Startup Advisory Board Elevator Pitch Forecast 95

Both Sides of the Table

NOVEMBER 19, 2009

He would have found somebody technical and inspired that individual to work for equity or deferred payment. That paper can be in the form of wireframes or in the form of a PowerPoint plan. He refined his business plan and he got commitments for $150-200k but needed some lead angels to commit first. What lovely charts!

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Entrepreneur Fractional CTO Technical Review CTO Hire 414

Startup Professionals Musings

APRIL 22, 2010

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Financial forecast and metrics. Include a current valuation estimate.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

MARCH 9, 2022

It doesn’t give the entire picture, but it does provide a simple at-a-glance look at your business and financial risk. Debt-to-equity ratio. Banks, financial institutions, and investors typically use the debt-to-equity ratio to determine the risk of loaning money to an organization. Use financial ratios to manage business risk.

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Equity .Net Balance Sheet Operations 136

Startup Professionals Musings

DECEMBER 11, 2017

Be willing to give up 20 to 33 percent of your equity to support this. Financial forecasts for startups are assumed to be estimates that will be updated as more information is known. Adjust revenues quarterly or even monthly, and replace forecasts with actuals as soon as a period ends.

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Burn Rate Forecast Angel Investor Revenue 144

YoungUpstarts

MAY 16, 2018

Schramm, author of “ Burn the Business Plan: What Great Entrepreneurs Really Do “ If I asked you to describe the prototypical successful entrepreneur, you may share a story mythologized in our culture of a brilliant young man with an idea so good and so disruptive that he just can’t waste any time finishing college.

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Silicon Valley Forecast Venture Capital Business Plan 157

Startup Professionals Musings

FEBRUARY 13, 2016

As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. What is the business problem you are solving? How big is the funding request, and how much equity will you give?

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Sweat Equity Advisory Board Liquidity Event Startup 120

Growthink Blog

FEBRUARY 21, 2013

The JOBS Act makes equity-based crowdfunding much easier The JOBS Act makes it possible to raise funds from investors and donors through certain crowdfunding sites in exchange for equity in your company. As mentioned above, equity based crowdfunding was supposed to go live on January 1st 2013. more on this below).

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Equity Securities and Exchange Commission SEC Accredited Investor 74

Up and Running

AUGUST 21, 2014

What a lot of companies or startups don’t realize is when you put up forecast together, it’s difficult if you’re a startup. As you start to sell, are you above your forecasted pace, are you below it? When you go out and you ask for money, no one should be asking for money who hasn’t done a cash flow forecast.

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Metrics Startup Churn Rate Forecast 84

Growthink Blog

AUGUST 9, 2012

The Jumpstart Our Business Startups Act (called the JOBS Act) was passed with support from Republicans and Democrats alike and signed by President Obama in April, 2012. This opens up more possibilities in equity funding without the tedious requirements to register your funding as a public offering with the SEC.

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Equity Accredited Investor SEC .Net 69

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. This seems like an easy topic – debt where there is appropriate cash flow, equity when there isn’t.    And, while debt is less costly than equity, it can bankrupt a company more quickly than more expensive equity might.

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Finance Bootstrapping Startup Equity 83

Up and Running

FEBRUARY 12, 2019

It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Share what your assumptions are about your business model. I always wish they’d relax and realize that when you’re giving a pitch, less is more.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Feld Thoughts

AUGUST 12, 2011

When we were last with Dick and Jane on Finance Fridays, our fearless entrepreneurs were figuring out how to split up their founders equity and account for an investment from Jane. Build a financial model that forecasts the P&L. Tie each round of funding to a set of key milestones in the development of your product/business.

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Balance Sheet Forecast Cap Table Early Stage 136

Up and Running

JUNE 25, 2014

Then on the planned side, I know many of you work with Palo Alto and BPlans on new business plans, obviously a startup. For a new business, you’re going through that process, you’re planning and you want to get funding to get your business started. That’s always been a really good source.

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Small Business SBA Finance Bankruptcy 89

Entrepreneurs-Journey.com by Yaro Starak

DECEMBER 21, 2010

Christine Syquia , having been through a journey starting and then managing a multi-million dollar accessories business, is about to share with us the entire story of how it all came together. Business 101 books suggest writing a business plan before embarking on any business course.

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Business Plan New York Finance Partner 84

The Next Web

MARCH 2, 2014

Instead, honestly analyze the company’s business plan and finances to determine whether the business needs to secure outside funding in order to achieve its objectives, and if so, how much. Should we finance with debt or equity? What are the main considerations when exploring third-party investments?

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Up and Running

AUGUST 19, 2014

Though that level of restraint may mean living quite “lean” in your personal life for a while, doing so provides an opportunity to establish solid footing for your business as early as possible, so that you have at least one year to learn from the trends and sales cycles that will emerge once you’re past “break even.”

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Salary Sweat Equity Silicon Valley Sales Cycle 119

Up and Running

JANUARY 24, 2014

It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Share what your assumptions are about your business model. I always wish they’d relax and realize that when you’re giving a pitch, less is more.

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Sweat Equity Churn Rate Forecast Business Model 138

Up and Running

MAY 30, 2013

For example, if you’re an aspiring entrepreneur who feels “mathematically challenged” (and many of us do), then you may feel intimidated by financial forecasting and fall into a pattern of prioritizing other tasks. Much has changed since Edison’s day, but sweat equity is still the most effective kind of startup capital.

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Sweat Equity Italy Startup United States 96

Up and Running

AUGUST 8, 2013

Business Plan. You’ve registered your idea and ironed out the kinks by speaking with your target market, now it’s time to put pen to paper and script your business plan. Your business plan should include: Your vision, goals and aim. Financial forecast. Business Planning opening a business startup'

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Limited Liability Company Intellectual Property Private Equity Business Plan 78

Up and Running

AUGUST 21, 2017

Be prepared to give up equity: Investors increasingly want a larger slice of the pie in exchange for the working capital they provide. While founders struggle personally with this concept, the economics are simple and straightforward—it’s better to own 10 percent of a $6 million business than 51 percent of a $1 million business.

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Silicon Valley Venture Capital Valuation Later Stage 86