Remove Demand Remove Distribution Remove Forecast Remove Metrics
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Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. I encourage entrepreneurs to correct course with a re-forecast early and often. The next most important set of metrics are sales by category; working capital (cash and other current assets, less current liabilities); EBITA; and gross margin.

Agile 60
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How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Ganjapreneur recommends including polls about the increased demand for cannabis legalization. Milestones and metrics that you’ll need to hit to be viable. Distribution. Milestones and metrics.

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10 Cash Flow Rules to Live By

Up and Running

As soon as you have inventory (like most product businesses including manufacturing, assembly, distribution, and retail) or sales on credit (like most B2B businesses) or sales on credit, cash flow takes a hit. . For example, a consultant can’t often simply demand deposits or prepayments from clients. Watch these three vital metrics.

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How to Write a Business Plan

Up and Running

Milestones and Metrics. Your business plan isn’t complete without a financial forecast. Your prices need to match up with consumer demand and expectations. Distribution. For product companies, a distribution plan is an important part of the complete business plan. Retail Distribution. Read more ».

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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

A data-driven approach can help you make accurate and timely business decisions to meet market demands and improve cost-efficiency. You need to use your time and resources productively by focusing on the right metrics so you can use data to help you implement improvements that matter. How To Successfully Use KPIs In Your Business.

Founder 71
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Five Strategies for Slaying the Data Puking Dragon.

Occam's Razor

Your digital performance dashboard has 16 metrics along 9 dimensions, and you know that the font-size 6 text and sparkline sized charts make them incomprehensible. Focus only on KPIs, eliminate metrics. Here are the definitions you'll find in my books: Metric : A metric is a number. Time on Page is a metric.

Metrics 263
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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VC 102: Variations. The State of Flexible VC.