Expert Advice

Everyone's business startup costs will start as a few estimates, and over time, land at more focused projections. We need a little bit of time and reality to give us the final answer. Let's dive into the wonderful world of fixed costs to get started on the right foot.

All 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.

Founders 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.

Early-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!

You know what they say — better to start them young. Kids still have a pure mindset where they think they can do anything, and it’s important to nurture that.

Assumptions 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.

While 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!

Startup 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!

There’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.