Up and Running

FEBRUARY 10, 2021

The business plan document itself isn’t what’s important to investors. A business plan provides the structure for thinking through these things and documents your answers so you’re prepared for the inevitable questions investors will ask about your business. Your financial forecast should help you figure this out.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Up and Running

MAY 23, 2016

While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget. This is the simplest version of your product minus the frills and frosting.

Software Review 74

Software Review Software Delaware Forecast 74

Growthink Blog

SEPTEMBER 13, 2017

Putting out there as to what our financial results will be , and why - in the form of well-documented and reasoned financial forecasts. And as they do, sometimes even unknowingly that beautiful dream of a business exit and financial windfall recedes depressingly into the sunset.

Harvest 48

Harvest IP Software Review Forecast 48

Up and Running

FEBRUARY 12, 2022

It has less focus on financial forecasting and a greater focus on the big picture. It’s not a fully detailed plan with sales forecasts and expense budgets, but a plan for getting started and then growing over time to reach your final destination. Will you introduce new products and services? How many locations will you serve?

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Steve Blank

NOVEMBER 1, 2010

And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002. This business plan was a static document. Instead management was more comfortable executing to the plan.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Up and Running

OCTOBER 10, 2018

She might benefit from developing a simple sales and expense forecast , maybe even a profit and loss , so she can plan how to use and develop her resources. One suggestion for getting started is to develop your plan in stages that meet your real business needs. Can you live without a sales and expense forecast?

Startup 114

Startup Forecast Lean Balance Sheet 114

Startup Professionals Musings

OCTOBER 12, 2010

That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth. His website is [link].

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 267

Silicon Valley Product Startup Product Development 267

Startup Lessons Learned

NOVEMBER 13, 2008

Now, everyone is learning together - about your product, process, and team. Each five whys email is a teaching document. The five whys methodology has been around for some time, not just as a continuous improvement technique, but as a general problem solving method in all areas of management. November 14, 2008 5:00 PM Tony said.

Software Review 167

Software Review Technical Review San Francisco Continuous Deployment 167

Startup Lessons Learned

FEBRUARY 7, 2013

I started with some basic theory: that a startup is an institution designed to thrive in the soil of extreme uncertainty; that traditional management techniques rooted in forecasting and planning would not work well in the face of that uncertainty. There's even a classic Wizard of Oz minimum viable product that dates back to 1998!

Lean 167

Lean Entrepreneur Agile San Francisco 167

ConversionXL

SEPTEMBER 10, 2021

Gartner forecasts enterprise software spending will total almost $572 billion worldwide by 2022. Worse, you may end up with a sub-par product because you simply didn’t have the resources to build what you needed. Centralize your communication using project and task management tools. How many people will be contributing?

Software Review 96

Software Review Technical Review Software Acquisition 96