Remove Churn Rate Remove Forecast Remove Salary Remove Technology
article thumbnail

How to Write a Business Plan

Up and Running

Your business plan isn’t complete without a financial forecast. Technology : If you are a technology company, it’s critical for your business plan to describe your technology and what your “secret sauce” is. At a high level, you will want to describe how your technology works. Read more ». Financial Plan.

article thumbnail

Is Your Startup Tracking the Right Metrics?

Up and Running

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. You probably want to have a monthly one though because all your other expenses for the most part are monthly: rent, salaries, all your fixed costs, insurance. You can have a yearly ARPU or ARPA.

Metrics 84
article thumbnail

How to Write a Business Plan for a Subscription Box Service

Up and Running

The operations section includes the logistics, technology, and other behind-the-scenes pieces of your business. The five key metrics to judge your subscription model’s success are: Churn and churn rate. Include “employee burden” costs as well—the cost of an employee beyond their salary. Operations.