Up and Running

FEBRUARY 10, 2021

Beyond understanding your business strategy, investors will also want to understand your financial forecasts. Product/market fit and traction. Your financial forecast should help you figure this out. An exit strategy. Financial forecasts. Investors will inevitably want to see your financial forecasts.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Up and Running

MAY 15, 2018

Innovative products and business models are the foundations of a promising startup. Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. Your business plan also needs to have a realistic financial forecast. Venture capital.

SBA 84

SBA Angel Investor Technical Review Startup 84

Up and Running

MAY 14, 2015

Set tactics to execute strategy. Product or service tactics also apply here, including pricing, launch dates, bundles, configuration, new versions, and delivery or packaging. Your company’s sales forecast, spending budget, and cash flow. These serve as a reminder for owners and managers. Use bullet points again.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Startup Professionals Musings

AUGUST 7, 2015

Remember, investors are buying into the business, not the product. Investors are business experts, while the entrepreneur is more likely the product expert. In my experience, the team's credentials are more important than the product. Potential investor return calculation and exit strategy.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Up and Running

OCTOBER 3, 2018

Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Future products and services. Name the products/services you will offer as your company earns more money and as your market develops new needs. Your funding ask and exit strategy, if applicable. Financial plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

FEBRUARY 22, 2013

I was expecting to be asked about my team, market segments, financial projections, go-to market strategy, exit strategy, etc. 4 : Can you tell me a story about a customer using your product? The best pitches are the ones that open with a story about how your product or service is helping your customer.

Software Review 147

Software Review Technical Review Due Diligence Exit Strategy 147

Up and Running

FEBRUARY 12, 2022

It has less focus on financial forecasting and a greater focus on the big picture. Do you anticipate launching new products or services? The R&D required to take a concept from idea to proven product with regulatory approval can take years for these industries, so long-range planning in these cases is a must.

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Up and Running

SEPTEMBER 3, 2015

Estimate your basic expenses and forecast sales to ensure that you can make a profit with your business. List your products and services and the problems they are solving or needs they are fulfilling. File for trademark protection i f you will use your business name to identify a product or service. Sales forecast.

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

Up and Running

NOVEMBER 12, 2018

Solution : How does your box and the products it contains solve that problem? Online shopping for your product is difficult to some extent (hard to find, can’t return it, often doesn’t fit, so on). A majority of men with curly hair probably have a product they always use, or they don’t use a product at all.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

FEBRUARY 13, 2016

Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. Since investors are buying a part of your company (not your product), this is the most important question, and is one often not answered.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 13, 2012

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

YoungUpstarts

SEPTEMBER 28, 2017

His aim, then as now, is to help Canadians understand that real financial planning goes beyond telling clients to get into investment products because they are hot or highly touted by the financial press. I have seen new businesses with the product or service sold at such a low price that there is no money in it.

Founder 133

Founder CPA Dividend Exit Strategy 133

Startup Professionals Musings

MAY 13, 2011

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Generate a 5-year financial forecast from opportunity data. Without profit there is no business.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

The Next Web

MAY 26, 2013

When it comes to pitching investors on something like software, the presentation is often more pivotal than the product itself. Let the investor see the assumptions you’ve built into your financial forecast. It’s not something that can sit atop a conference table; it has to be explained, demonstrated and experienced.

Software 151

Software Forecast Startup Exit Strategy 151

Growthink Blog

NOVEMBER 10, 2017

The business plan answers investors' questions such as: Is there a need for this product/service? What is the company's exit strategy? What is the size of the target market for your product/service? To understand and forecast your company’s staffing needs. What are the financial projections?

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Startup Professionals Musings

APRIL 22, 2010

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Gust

AUGUST 5, 2012

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Entrepreneurs-Journey.com by Yaro Starak

FEBRUARY 11, 2011

In this post, I want to lay out the details involved in how I first realized the opportunity, the formation of the business idea, the search for my supplier, the establishment and growth of the business, problems encountered and lessons learned, as well as the exit strategy that resulted in the $250,000 sale of the business.

SEO 86

SEO PPC America Design 86

Up and Running

MAY 22, 2018

Every successful small business goes through four stages during its entire existence: Existence : expanding from pilot production to broad-scale production. Growth : stepping into a bigger market opportunity with expanding services or new products while maintaining constant profits. Delivering quality product and services.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

Up and Running

APRIL 28, 2015

If it makes sense for your business, you’ll want to divide your market into segments that you will address with different types of marketing and perhaps different types of product offerings. Finally, you get to dive into describing your product or service. Now your product or service is coming to the rescue to help solve that problem.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

David Teten

SEPTEMBER 23, 2017

Early stage investors are also mining product crowdfunding sites ( Indiegogo *); lists of product launches ( Producthunt ); angel group platforms ( Gust , Proseeder ); and equity crowdfunding sites ( AngelList , CircleUp , FundersClub , OurCrowd , SeedInvest ) for leads.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Business Plan Blog

OCTOBER 8, 2013

In order to launch a successful business and raise the capital needed to do so, a startup needs to consider several aspects of the business including the management team , the size of the opportunity, the product/service/technology, the market/sales/distribution channels, the competitive environment and several other factors.

Business Plan 67

Business Plan NDA Exit Strategy Valuation 67

Up and Running

OCTOBER 1, 2014

Their latest product, Statdragon, launched just last week. Statdragon is a Saas platform that allows businesses to access and analyze metrics about their existing videos and optimize their video marketing strategy. This is a marriage, so getting along and being super productive matters for the overall health of the business.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Steve Blank

OCTOBER 1, 2009

When Sloan became president of GM in 1923 he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” Sloan realized that the traditional centralized management structures (like General Motors had in 1920) were poor fits for the management of GM’s already diverse product lines.

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156