You know, planning a business I knew wasn’t simple. Duh, but there is a whole lot more to it than I ever thought.

I have a great business idea. I am working with a couple of friends to get it all down on paper so we can present it to investors. In order to do this, a full business plan it turns out starts at like 20 pages. The information I haven’t quite figured out how to enter in yet though is the cash flow/revenue parts.

How does one go about guessing their income for a startup business? Yes it will be a brick and morter setup with an online twist, but how do you make projections reasonable? I know it will make money, otherwise I wouldn’t try, but I have to somehow show how much and how my investorys would make returns on their money.

Idea’s? The whole plan is still a work in progres… so I have time, but trying to figure out how I am going to do the more complicated parts is on the backburner.

-jake

Tweet This

Recent Entries

• Holidays are over but it was fun.
• Best posts on Jake’s Corner from Dec 2008
• North Dakota Public Policy Institute - Sat Dec. 20th
• 200th Post on Olorinpc.com
• Stop, Drop, and Blog - HP Contest
• From the Auto Industry
• In the dog house
• Bailouts hurt our standard of living
• The Free Market Gets No Respect
• Tax And Spend: Hoeven Announces Plans For A 26% Increase In Government Spending

This entry was posted on Monday, October 24th, 2005 at 2:52 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.