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Thread: Startup finance

  1. #1 Startup finance 
    New Business Member
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    Hello! I an new here, but I need urgent help! Thanks!!!

    I am currently doing a business plan for the first time and I have absolutely no idea if I am doing the finances right. That's why I have an urgent query: Do these financial projections make sense, are they roughly possible and what investment do I require?

    Background:

    - The company is a startup (events listing website like TimeOut, but personalised), 16 people
    - We have revenue from advertising on the website (which is targeted therefore more expensive)

    Financial projections:



    So, my 2 questions:

    - Does any of this make any financial sense? I just need to know if it is rougly feasible

    and the most important question:
    - What investment can I require? (I need to require an investment)
    - How much can the investor expect to get out and how


    Thanks a million in advance!
    Last edited by valerenga; 02-05-2012 at 11:38.
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  2. #2  
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    User growth assumptions:



    Revenues:



    Costs:

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  3. #3  
    Supreme Business Member SpikeTheLobster's Avatar
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    Off the top of my head and with very limited business acumen (!), it seems to me that absolutely everything depends on two elements: the number of registered users and the number of advertisers paying for space.

    Consequently, it'll be absolutely essential to understand where you got those projections from. If you made them up, everything else is based on imagination as well. If you got them as reliable figures from a similar startup, you're on better ground.
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  4. #4  
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    I don't know where you got your figures from, but they don't seem very accurate to me at all. How you can expect to have 7000 users by the end of this quarter when you currently only have 14 users is beyond me. To reach your projections, you're going to need tens of thousands of pounds/dollars going into investment for this business venture.
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  5. #5  
    Business Member kingusama92's Avatar
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    Can you explain some of those numbers?

    I think Grumpy touched on a good point. A question that any investor would ask, as well. Where are you getting your numbers? What are these growths based upon?

    You can't simply be throwing out numbers, surely?!
    "Most people do not really want freedom, because freedom involves responsibility, and most people are frightened of responsibility." - Freud
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  6. #6  
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    It looks like you've done a lot, but like the other members are saying: WHERE ARE THOSE NUMBERS FROM?

    Sorry for the caps, but without any explanation, would it really be possible for us to make any accurate guesses as to whether or not they seem appropriate?
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  7. #7  
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    I hate to say it but these figures don't look accurate to me. Where did you get these numbers from? You will definitely be needing a large amount of money to invest in this.
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  8. #8  
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    IT Business Project

    Welcome, Dear

    I do not know a foreign language. I have no money and have no translator. I created a very interesting business project. I am looking for sponsor, I have my invention, Georgian vord send this document together with the document And please consider my request for sponsorship. This project I am alone I did, do I have a site and the site of my new games currently playing on the amount of the world, people play globally, the site will benefit 0.2%–0.5% amount I want to do it. All the details during the meeting we will discuss.
    Ihave this project I was offered $ 70 000 but not sell it and the main owner of the package that I want to be, only All partners have an equal share percentages in the case Because it concerns a very serious game business calculations inthis business has a lot of money to do. Thank you very much for your attention. We do not believe that Georgians have created a business project in this area is world class and I have a business plan is designed for use in large-scale global world, believe it dear? This question, but it is certainly true of the work, and he spent 10 years, my 10-year study of more than 700 pages and with all the colors I have done. If I say that Twitter, facebook, odnoklassniki, skype_! Included in the program are better than my Whether or not it, There will be no less there will be less consumption nationwide.
    Or low-interest loan me the amount of Give me the money 300,000$ for 10 years, GE40BG0000000256713500 the card account number. Thank you for your attention.

    Statement of willingness to cooperate on


    Hello Dear, I am the son of Nodar gulitashvili. I am 30 years old I live in a Test. At the age of twenty-three years old I started a very interesting and I think it's very serious work on the project. Y all of this I spent 10 years and now, when almost everything I have analyzed, I would like this project shevaskha meat.
    You know that every project needs support, financial aid, the deficit is concerned, and that's why I applied to the Web Studio Art Media, where he gave me advice, and the ways outlined. They liked my idea.
    The case concerns a very interesting work on the web, and it is intended for gambling games. Also in this project into a lot of interesting programs, a variety of banking transaction. Most importantly all of this will be done in the world, where everyone, every adult citizen will be able to play my computer games created by different types, (psonzeda) and use of interesting programs.
    There is a diversity of ideas in my mind that I did not realize it because I have practical experience in the field of business, so we urge you and I very much hope that the support gamitsevt. I believe that my idea of great ideas and ought, if we show good will, take into consideration my financial problems, in this case is the largest project financing to give back to your partnership in this case …..
    Why will your business be successful,

    Because my idea is very serious, (I think the least competent representatives), yet - so far I do not think its wrong to apishireba.I can introduce it in a private conversation with interested parties, but I will say that if twitter, facebook, odnoklassniki, skype_ has covered the world, even better than my present Program tuara, then it will be used throughout ....

    Dear, I send you my photo in my passport copy with and three written vord file with my draft of the state given by the copyright copies of the documents, which confirm that the project eraderti by me or my existing work at the state level dvapaten of the National Intellectual Property Center, the Patent Office and defend All rights reserved. Therefore, this letter together with a three-vord document sending and ask to read them, and one - a document referred to in utskhoeel vebteknikoseb and their involvement with this case and the business of the conversation, please do not worry about the attention because I believe that people who succeeds to the world of good works, Also, please read the vord the IT sector in the service of a specialist's opinion, and as mentioned above and which is now saying I have a warm day a special service of our country, serving Georgians, IT sector expert - consultant to evaluate a document to which you are now sending the chemsmier the business of discussion for some Our internet connection is only a certain level, then the case took place between me and the person, only on the Messaging and Email, please review the expert's conclusions. Although such a person is right about everything, but it also tries to do his job and earn money to say peasant, but I do not need any language, I have written a business plan and set up my business and the IT sector in general is matematikasavet international language of the world. Sending chemsmier set forth in a written document on the local IT services with the contacts on the basis of clearly testify values ​​and price-setting based on a project to create a value on it, I can now sending chemsmier created a business plan, since it is certain financial information that is not created by the business plan will send you, because the special services they The work is so important level is the same scale, the cheapest 10000 $ USD dagijdeba and likely more me****o The mood is up and the value of 3% - the ava to pay fees to the needs of your existing project, business project chamogiqalibot, as a necessary business Plan dagitserot, business strategy chamogiqalibot these finances are concerned, but did not rule out that the great work with us and the great success of the hpovoso, because work is truly world class and world standards is akmaqopilebso, so I'll tell you frankly that your fans are, and our advice will be that did not surrender and fought bolomdeo that meet sponsor approach and then everything will be fine. Dear I tried to send you to any mometana, but I will say that our meeting, we are face to face conversation without, and if the project will not be considered a business relationship with skhvarigad so we will face difficulties of my business about the project at any conclusion prior to the establishment, especially the Internet can not we do it , chemsmier the business project should inakhos and both parties should be in some stage of our business partnerships and relationships for accurate conclusions brought our own interests of course, and you know that, otherwise we are in a situation will not do anything about due to gasmomdinare and moreover, that the work mashtaburia and the people ertgverdian written report, and of course no one could beat me, so I'll tell you now that some time discussing the project and I am ready for everything davchirdebit. Our meeting and personal relationships, and meeting the essential needs of the case. Thank you in advance for your attention and look deep davelodebi your answer. Brdzandeboet well, dear, before the next meeting.
    Sincerely
    Mickheil gulitashvili.

    Your Contact Information:

    Email: mixeili.gulitashvili@gmail.com

    Home Phone

    +9950435221326

    Mobile Phone

    +995598507313

    Skype: mixeil.gulitashvili
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  9. #9  
    Business Member chixfashionz's Avatar
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    You will need more than figures and tables in a business plan. Any serious finance organisation will want you to substantiate the maths with evidence and research of how many WILL sign up with you, if at all. You will need business on the books before you get money from anyone. Nice figures and fancy tables will not cut the mustard. Based on those figures, you are expecting very high growth over a five year period, but starting with nothing at all! You will need to demonstrate 0 to 500 or even 1,000 customers in one month before asking for some cash, I'm afraid.
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