(Note: reposted from Planning Startups Stories) Every startup has its own natural level of startup costs. It’s built into the circumstances, like strategy, location and resources. Call it the natural startup level or maybe “the sweet spot.” 1. The Plan For example, Mabel’s Thai restaurant in San Francisco is going to need about $950,000, while [...]
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(Note: this is posted here with permission from Bplans.com, where it originally appeared.) Last night we were talking about getting angel investment and valuation, which is one of, if not the, most important points in the discussion. Valuation is essentially price. Say you want to bring in $150,000 from an angel investor. The immediate question [...]
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Today we are continuing our popular series, Back to the Fundamentals of business planning, by highlighting our Bplans.com Starting Costs Estimator Calculator, which is one of our FREE tools, available to help you write your business plan. Getting a handle on what it will cost you to get your business started and running is about [...]
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