article thumbnail

Use agile budgeting to manage your cash

David Teten

I encourage entrepreneurs to correct course with a re-forecast early and often. Consider ThedaCare , a healthcare system in Wisconsin, which eliminated its budgeting process in 2010. The organization replaced the budget with a quarterly forecasting and planning process.… This agile approach is not restricted to small startups.

Agile 60
article thumbnail

Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

  In a bottom up approach, the forecast is built from actual user projections.   In a bottom up approach, the forecast is built from actual user projections. Wisconsin Angel Network Find Information about all of the networks in Wisconsin here! This is why a bottom up approach is more credible. Google Ads.