Growthink Blog

DECEMBER 27, 2017

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Be prepared for due diligence.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

NOVEMBER 28, 2013

A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. If you fail to pay a cash obligation when it is due, the business is technically insolvent. Not producing and reviewing financial reports regularly. Not having a budget.

Technical Review 251

Technical Review Entrepreneur Salary Finance 251

Startup Professionals Musings

OCTOBER 20, 2012

A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. If you fail to pay a cash obligation when it is due, the business is technically insolvent. Not producing and reviewing financial reports regularly. Not having a budget.

Technical Review 273

Technical Review Startup Finance Cost 273

The Startup Magazine

DECEMBER 27, 2023

Since you might be responsible for many of these tasks yourself, thinking about your company’s finances might not be at the top of your list. Not Using the Right Fleet Technology If you have a fleet or are looking to add one, you can implement the right technology to plan your routes, which can reduce expenses like fuel consumption.

Startup 128

Startup Technical Review Reputation Hiring 128

YoungUpstarts

MAY 12, 2016

You may look to Silicon Valley for inspiration, where hyped tech startups have investors vying to get their money in the stocks. If the startup you hope to launch is not a tech one, you may experience the opposite, where investors run away from your company. Technology is a booming industry; therefore everyone prefers to invest there.

Technical Review 100

Technical Review Silicon Valley Startup Business Plan 100

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. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

SEPTEMBER 8, 2019

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. You still start the process with a business plan, but then you look for a philanthropist rather than an investor.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

The Startup Magazine

MAY 27, 2024

Understanding the self storage market in Leesburg is crucial for entrepreneurs looking to start a successful self storage business and provide an excellent storage experience for customers in the area. Planning Your Self Storage Business Planning is a crucial step in starting a self storage business in Leesburg, FL.

Security 79

Security Operations Finance Advertising 79

YoungUpstarts

SEPTEMBER 6, 2018

With a bit of due diligence, how to develop a successful marketing plan for a startup and rules to ensure your endeavor grows and becomes successful. Here are the top nine startup tips to adhere to in order to keep your startup or small business from becoming a failure statistic. You still need a plan though.

Technical Review 182

Technical Review Due Diligence Startup Demand 182

The Startup Magazine

AUGUST 20, 2020

One of your first and potentially biggest roadblocks will be financing. This is a suitable time to start drawing up a business plan , especially if you need to approach a bank or lending institution to obtain enough capital. Remember to include the cost of office space, supplies, technology, marketing, and outsourcing.

Technical Review 145

Technical Review Social Media Reputation Salary 145

Up and Running

NOVEMBER 26, 2018

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Don’t waste your time looking for the wrong kind of financing.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

Argona

JANUARY 15, 2024

Organizations can eliminate all these challenges and build a resilient business model when they partner with the top consulting firms. From envisioning an idea to transforming the idea into a successful business enterprise, Argona takes charge of every process with utmost diligence.

Partner 52

Partner Technical Review Indianapolis B2B 52

Startup Professionals Musings

JANUARY 2, 2019

Here I often find that you need to seek and work with a co-founder who can complement your technical skills with financial and marketing to start the business. You probably delegated a few things to keep these people earning their paychecks, but you are still reviewing and approving everything that comes in and out of your company.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

Up and Running

APRIL 11, 2012

Bill Payne had a nice post on gust.com late last month titled Using your business plan , in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context. Do not hand investors your business plan when you first meet them.

Business Plan 85

Business Plan Elevator Pitch Technical Review Due Diligence 85

David Teten

MAY 7, 2019

Briefly, we think there’s a substantial market for a business which helps enterprises to execute initiatives which require coordination across diverse stakeholders, e.g., make a large sale to a critical client, or lobby for a change in regulation. I finally had a brainstorm, and started writing a business plan. A nonprofit?

America 60

America Technical Review Advisory Board Due Diligence 60

The Startup Magazine

FEBRUARY 11, 2022

Do I have the resources (financial, human, and technical) necessary to start and grow a successful accounting firm? How will my business be structured? What is the nature of my client base (individuals, businesses, government entities)? A Poor Business Plan: A poor business plan can also lead to failure.

Technical Review 166

Technical Review Business Plan Networking Employee 166

Up and Running

JUNE 23, 2022

On the other hand, some of these are not easily fixable so you’ll have to look for alternative solutions to your financing problems. It’s worth taking the time to review your credit report to be sure that everything is accurate. Some of the most important financial ratios bankers review are: Total Debt to Total Assets.

SBA 163

SBA Finance Balance Sheet Technical Review 163

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. Being a Better Leader.

Analytics 179

Analytics Technical Review Social Media Software Review 179

YoungUpstarts

OCTOBER 21, 2012

Moules believes that getting a bank loan to start a business is not ideal. In fact, he points out that conventional term loans are a far less common way to finance a business, and in some countries, credit cards are actually a more popular source of startup capital. Don’t get hung up on the business plan.

Technical Review 184

Technical Review Entrepreneur Bootstrapping Acquisition 184

YoungUpstarts

FEBRUARY 5, 2013

Is it a great business plan? An ace team of business types and star programmers? According to Shelters, the challenge for many entrepreneurs is that they are not familiar enough with issues of finance to recognize what questions they need to ask and answer in order to learn. Sheer luck?

Technical Review 164

Technical Review Private Equity Thailand Incubator 164

David Teten

JULY 10, 2019

Briefly, we think there’s a substantial market for a business which helps enterprises to execute initiatives which require coordination across diverse stakeholders, e.g., make a large sale to a critical client, or lobby for a change in regulation. I finally had a brainstorm, and started writing a business plan. A nonprofit?

America 60

America Technical Review Advisory Board Due Diligence 60

The Startup Magazine

JANUARY 24, 2020

You’ve made it past the ideation phase, perhaps you’ve got a business plan in place, and now you’re ready to watch your business grow. Luckily, tech startups have made it easier and cheaper for businesses to access these kinds of services. So, you’re preparing to launch a startup of your very own: congratulations!

Software Review 156

Software Review Startup Technical Review Hiring 156

Up and Running

JULY 31, 2015

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Lean Business Planning by Tim Berry – (31:21). Preorder on Amazon.com – Lean Business Planning: Get What You Want From Your Business.

Lean 60

Lean Business Plan Forecast Software Review 60

Up and Running

JANUARY 23, 2019

Nothing quashes an enterprising spirit quite like opening a business and then having to shut down due to negligent preparation. Review local and federal rules and regulations to ensure your facility is in check. Above all else, be diligent and be discerning. Write a business plan.

Software Review 83

Software Review Las Vegas Technical Review Artificial Inteligence 83

YoungUpstarts

JANUARY 15, 2019

Starting a business, growing it and sustaining in the market are the three chapters of a small business story. Usually, small business owners don’t think beyond their quarterly or annual plans and they forget their long-term goals due to everyday hurdles. A sustainable business plan is one that is flexible.

Small Business 196

Small Business Software Review Technical Review Viral 196

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

JULY 28, 2022

Innovation can be a product, design, or a process of doing things to solve a technical problem. Trademark – Property rights issued for a sign, logo, or word used to distinguish a product/service from other businesses’ products/services. The right time for drafting a founders agreement is in the early stages of business.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Startup Professionals Musings

OCTOBER 3, 2016

They define metrics for each goal, and diligently track themselves against these metrics. Publicly reward team members for business results. A business must be all about listening to customers, delivering value, and customer satisfaction. Tie executive titles and organizations to business roles.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Up and Running

JULY 25, 2017

You’ll have to make the final call yourself, but here are a few resources that lend some perspective on small business and startup funding trends that relate to the economic landscape. This index tracks Venture Capitalist (VC) backed tech startups and compares this week to the same week last year. Not launching a tech startup?

Technical Review 92

Technical Review Due Diligence America Small Business 92

Up and Running

JULY 2, 2014

You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

JUNE 20, 2016

In my angel investor mode, I often find myself flipping to the “management” section of a business plan, even before I read the solution description and opportunity. Business credentials and functional coverage. Solo entrepreneurs rarely find an investor. Fill in gaps with expert advisors to make it whole.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Startup 152

Startup Professionals Musings

JULY 23, 2012

For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive.

Advisory Board 239

Advisory Board Technical Review Startup Software Review 239

Up and Running

MARCH 14, 2018

I’ve raised close to $1 million from angel investors for my previous technology startups. Sometimes you only get 10 minutes to pitch your business opportunity to the investors (or less in some cases). Have a well-thought-out business plan on-hand to share, so investors can read more if they’d like to.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Both Sides of the Table

APRIL 13, 2011

My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. So very few investors want Business Plans any more.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Startup Professionals Musings

SEPTEMBER 20, 2017

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. You still start the process with a business plan, but then you look for a philanthropist rather than an investor.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

The Startup Magazine

AUGUST 29, 2019

Most of the innovative business ideas are lost in the market due to a lack of appropriate funds. Startup funding is undeniably an essential part of any new business launch, which is typically a hard nut to crack. Bank provides two types of finances, namely, working capital and funding. Photo by Caleb Lucas on Unsplash.

Startup 101

Startup Government Valuation Technical Review 101

YoungUpstarts

FEBRUARY 6, 2017

As an entrepreneur, your goal when raising financing is to get several term sheets — the documents describing the terms and conditions of financing. One of the worst positions you can be in during a financing is to have investors interested, but be too far short of your goal. Determine how much you need to raise.

Venture Capital 100

Venture Capital Term Sheet Technical Review Due Diligence 100