Both Sides of the Table

FEBRUARY 12, 2010

Each board pack should have the history of performance over the past year, a comparison of performance relative to plan and your forecasts going forward. Most people in really early stage companies send out board packs the day before the meeting or if you’re luck 2 days before.

Startup 331

Startup Balance Sheet Forecast Early Stage 331

Small Business Force

FEBRUARY 21, 2014

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. Follow the "gospel of cash flow" and it starts with revenue generation.

Finance 37

Finance Management Forecast Entrepreneur 37

BeyondVC

JANUARY 2, 2006

From a philosophical point of view, I view compensation as the combination of salary, bonus (if any), and equity. On a public company board, for example, I look at other companies that we compete with and other businesses that are in a similar stage of revenue growth and financial numbers.

Management 60

Management Equity Forecast Salary 60

ReadWriteStart

JANUARY 28, 2022

The market regards equity as an ownership “share” in a corporation’s income revenue stream. Founders can compensate them in either equity or salary as per their preference. A reasonably accurate forecast of these characteristics serves as the foundation for a reasonably accurate value of the asset.

Valuation 108

Valuation Equity Warrant Common Stock 108

Berkonomics

DECEMBER 19, 2013

If you are an investor in an early stage venture, wouldn’t a dialog using these questions help greatly in defining and perhaps reducing your risk? Revenue projections: What will happen to the company if the revenues and earnings projected on a worst case basis are not achieved as predicted? a 33% discount. www.berkus.com.

Pre-Money Valuation 105

Pre-Money Valuation Liquidity Event Cofounder Valuation 105

Up and Running

AUGUST 16, 2016

That would take too much time and be a pretty useless exercise at this early stage of turning your idea into a business. Write a quick list of the ways you’ll generate revenue. At the same time, think about your most important expenses like rent, salaries, and other important costs.

Forecast 60

Forecast Early Stage Salary Business Plan 60

Small Business Force

JULY 7, 2016

However, I believe it should have two components; a base salary and incentive compensation, based on sales success. And whether you make it a bonus, or a commission as a % of sales revenue or gross profit; whether you have bonuses for new accounts or special bonuses for certain products, one thing is important.

Sales 27

Sales Hiring Forecast Salary 27

Up and Running

DECEMBER 9, 2014

What I did is I learned the art of a pro forma and the value of a pro forma which basically is a forecast. Two, revenue. If you don’t know what your cash flow forecast is, you don’t really understand your capital needs. My name is John Bates. You heard a little bit from others about that. What do you do?

Small Business 95

Small Business Finance Forecast Metrics 95