YoungUpstarts

SEPTEMBER 22, 2011

There is an old management adage which says that “you cannot manage what you cannot measure” This saying may be true in all parts of a company, but is especially pertinent in finance. Third, invest in business software and systems that helps you to capture costs at various stages.

Cost 154

Cost Management Balance Sheet Software Review 154

Up and Running

MAY 16, 2017

Look closely at your cash flow forecast so that you can spend accordingly. Areas to avoid spending funds: Before making the following purchases, go back to that business plan and determine if they fit in the parameters that you set for your budget and financing. Fancy office space and furniture. Expensive equipment.

Technical Review 82

Technical Review SBA Small Business Administration Software Review 82

Up and Running

DECEMBER 2, 2011

Simply put, the business plan involves the business owner laying out in detail how they will go about placing their company in a strong position in the marketplace, how they will finance their operation, and how they plan to earn a good return on investment (ROI). The reason you got off course may have been necessitated by finances etc.,

Business Plan 76

Business Plan Forecast Software Review Finance 76

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. That’s the sales forecast, the spending forecast and the cash flow. What’s the concept of all of this that you’re talking about and then in financing?

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

NOVEMBER 26, 2012

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Assign real value to intellectual property.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Steve Blank

APRIL 1, 2020

Forecasted recovery date. Sales pipeline/forecast. I listened in on a board call with an enterprise software company this week, and when the CEO said, “Our VP of sales assured me our pipeline won’t be affected.” Before layoffs, cut all salaries by 20%. Cut CXO salaries by at least 30%. Actively buying?

South Korea 333

South Korea Salary Business Model China 333

Up and Running

JULY 31, 2014

This is Sabrina Parsons, CEO of Palo Alto Software. Don’t set a sales goal or a sales forecast with a hundred line items in there. You’ve got a three year forecast with your goals, monthly for the first 12 months, and then yearly for the next two years. Think about big categories: salary, marketing, sales, rent, utilities.

Software Review 74

Software Review Sales Acquisition Small Business 74

Startup Professionals Musings

SEPTEMBER 30, 2011

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Assign real value to intellectual property.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

Cracking the Code

JANUARY 22, 2009

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. 10K/MMR is very very large for most SaaS players and Netli is unique in that it is at a very low level of the software stack. Id appreciate any comments on how this would change as a base salary is added to the mix.

Software Review 91

Software Review Clawback Sales Salary 91

Gust

NOVEMBER 18, 2012

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Assign real value to intellectual property.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Startup Professionals Musings

SEPTEMBER 6, 2010

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage blogs and other resources, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. 500K might be a low estimate.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” Check out the personal finance topic by clicking here. So easy on the eyes!

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

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. Go spring for some basic accounting software, early. What are yours?

Finance 37

Finance Management Forecast Entrepreneur 37

Up and Running

APRIL 29, 2014

They work with business owners nationwide to get a better handle on their financial performance through financial consulting and proactive planning, which we at Palo Alto Software, the makers of LivePlan, love to hear. But basically, your personal finances and business finances are little more intermixed when it’s pass-through entity.

.Net 85

.Net Capital Gains Distribution Puerto Rico 85

Up and Running

DECEMBER 9, 2014

For this discussion, we were joined by CEOs Jared Hecht of Fundera, Joshua Reeves of ZenPayroll, Matt Rissell of TSheets, and our own Sabrina Parsons of LivePlan and Palo Alto Software. I’m here with some really phenomenal CEOs who are going to talk to us today about small business finances from funding to growth.

Small Business 95

Small Business Finance Forecast Metrics 95