LivePlan Blog Page 22

Posted June 6, 2023 By Noah Parsons

4 Advanced Ways to Use ChatGPT for Better Financial Forecasting

Unlock advanced financial forecasting in ChatGPT with prompts to help with trend analysis, scenario planning, sensitivity analysis, and industry benchmarking.

Posted June 5, 2023 By Kody Wirth

6 Tried and True Startup Growth Strategies

Having a growth strategy, or growth plan, is like having a roadmap for your startup. It guides your decisions, helps you navigate challenges, and keeps you focused on your goals.

Posted June 5, 2023 By Elon Glucklich

Startups Vs Small Businesses: What’s the Difference?

While a startup is technically a small business, not all small businesses are startups. There are often key differences around company goals, strategies for growth, funding and organizational structures.

Posted June 2, 2023 By Elon Glucklich

8 Tips to Improve Financial Forecasts for Your Clients

Accurate financial forecasts are vital to providing effective advising services. It provides the roadmap for you to guide your clients and help them make strategic decisions. Having a viable financial forecast to reference when advising reinforces the need to look forward and reflect on performance, rather than getting caught up in day-to-day business operations. Financial […]

Posted May 26, 2023 By Elon Glucklich

How to Validate Your Startup Idea in 4 Steps

The firm CB Insights recently surveyed over 100 founders about why their startups failed. Their research found 12 common reasons. Running out of cash was the top reason, with 38% of founders citing it as a reason for their failure. But right behind it, at 35%, was that their startup didn’t fill a market need. […]

Posted May 25, 2023 By Makenna Crocker

8 Alternative Funding Options for Small Businesses

Learn about the more unconventional funding methods available to small business owners. This guide is updated regularly to account for any emerging and nontraditional funding options.

Posted May 25, 2023 By Angelique O'Rourke

40 Proven Ways to Fund Your Small Business

Check out our growing list of funding options for small businesses. This guide is updated regularly to account for new funding opportunities that may be valuable for small businesses.

Posted May 25, 2023 By Colin McCrea

Cap Table Explained — What is it and How to Maintain it for Investors

A cap table is simply a spreadsheet or other document that shows who owns how much of your business. This will become necessary if you take on investments or partners.

Posted May 24, 2023 By Jacob Lunduski

Get a Business Credit Card to Build Your Startup’s Credit

While you will build business credit in multiple ways, one of the most direct options that help keep your business and personal expenses separate is applying for a business credit card.

Posted May 24, 2023 By Helena Haulk

The Five C’s for Making Your Business Credit-Worthy

Did you know that there are five financial health signs that a lender will look at to determine your creditworthiness? Here’s what they are and why they matter.

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