Remove Finance Remove Lean Remove Operations Remove SBA
article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

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. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

Lean 60
article thumbnail

What Type of Business Plan Do I Need?

Up and Running

We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment. All businesses start with a lean plan. Manage cash flow. Startup plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Steps to Starting Your Own Business

Up and Running

How will these affect day-to-day operations? If you will be seeking outside financing, a business plan is a necessity. In contrast to the standard plan and the startup plan, is the operations or annual plan. But, most small businesses begin with a loan , financing from credit cards, help from friends and family, and so on.

article thumbnail

Do You Know How Your Business Is Doing and Where It’s Going?

Up and Running

It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business. For most businesses, that’s a pretty tall order, but anything below 1:1, should be a big red warning flag that your business doesn’t have adequate cash flow to maintain business operations.

Metrics 128
article thumbnail

8 Alternative Funding Options for Small Businesses

Up and Running

Simply put, alternative funding is gaining financing for your company outside of traditional bank loans to gain capital. To help you find the best funding to fit your needs, read on for the top 8 alternative financing options. SBA and small business lending funds, for example, act as alternatives to typical bank loans. .

article thumbnail

Survival Mode: Small Businesses Strategies To Weather The Coronavirus Pandemic

YoungUpstarts

Either way, it’s essential that you take this time to assess your company’s finances and prepare to cut back on any and all costs that you can live without right now. Do your finances reflect your updated expectations for sales over the next two or three months? Consider External Financing Options. Lean Into Change.

article thumbnail

How to Start a Business in a Month – #30DayChallenge

Up and Running

Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market. Week 2 – Getting financed. The SBA will also likely want to see your business plan. Are they doing well?