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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations.

Startup 116
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4 Simple Steps Will Get Startup Financial Projections

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations.

Startup 147
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10 Startup Founder Decisions That Have No Good Answer

Startup Professionals Musings

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You don’t want to take money from friends and family, but it’s too early for angel investors and VCs. The right motivated employees dilemma.

Startup 130
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Interview with Robin Richards, CareerArc

socalTECH

Our interview this morning is with Robin Richards , the CEO of Los Angeles-based CareerArc (www.careerarc.com). Richards also has been an active angel investor in local startups. Statistically, you are 10x more likely to get hired through a referral by an employee than a non-referral. You've got to have great sales enablement.

Content 193
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10 Startup Quandaries That May Redefine Your Business

Startup Professionals Musings

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You don’t want to take money from friends and family, but it’s too early for angel investors and VCs. The right motivated employees dilemma.

Startup 97
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7 Equity Crowdfunding Risks Feared By Many Investors

Startup Professionals Musings

According to statistics by Fundly , crowdfunding contributed $34 billion in funding last year around the world, including peer-to-peer lending. by either angel groups or VCs alone. Although professional investors may discount the impact of crowdfunding, they can’t argue with the growth of this new industry in the last few years.

Equity 72
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Entrepreneur Business Forecasts Are Not Black Magic

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations.