Startup Financial Assumptionsby Wil SchroterAll startup financial projections are based on a few key assumptions about how we feel the business will perform. In this article, we're going to explain what key assumptions drive our financial forecasts and how to adjust them to create a financial model that works.Continue
We Only Have to be Right Onceby Wil SchroterFounders sometimes think they’ve reached that billion-dollar moment in their Startup and then end up disappointed by the result. But how many shots do we actually have? If we can only be right once, we should be fully equipped once we get to that point.Continue
Startup Forecasting: Pro Forma Template for Startupsby Wil SchroterEarly-stage startups are still building their financial models with assumptions, forecasting everything from sales revenue to marketing costs to a basic cash flow projection. We're going to explain exactly how to build financial projections for your startup even if you have no idea where to start!Continue
Startup Finance: 3 Assumptions That Matterby Wil SchroterAssumptions are the raw materials that make up our financial statements and tell us whether we're headed toward gross profit or total disaster! Here, we'll be taking a beginning inventory of the 3 most important financial assumptions that tend to drive most startup company projections.Continue
Accounting for Startupsby Wil SchroterWhile we may not know all there is to know about our business yet, there’s still going to be some good old-fashioned accounting to do. So let’s break out those green visors and add machines — it’s time to learn WTF accounting is!Continue
Startup Finance: Financial Assumptionsby Wil SchroterStartup financial projections are built around making a series of educated guesses about how things might go. In order to better understand the assumptions that make up our financial statements, let's first understand how little we actually know!Continue
Startup Financialsby Wil SchroterThere’s no special black magic to recording income and expenses. In this primer, let's discuss how to understand the basic business financials to get your startup started on the right path.Continue
How Big of a Failure Can I Survive as a Founder?by Wil SchroterFor some Founders, when they experience failure, they immediately think that it’s the end. But failure has always been a part of the process and it will teach us valuable lessons along the way.Continue
Making Prototypes in Chinaby The Startups TeamMaking prototypes in China is a cost-effective way to test your product idea before selling it to consumers. In this article, we will explore the steps needed to create a prototype in China with advice from members of the Startups.com community.Continue
Why Are All My Founder Friends Ahead of Me?by Wil SchroterSometimes, we look at the success of others and immediately think we’re falling behind. Remember, success is a process, and we go through it in different phases.Continue