Budgeting In A Large Company
Last week we talked about budgeting in a growing company. I defined that as a company between 50 and 100 employees. Today we are going to wrap up the budgeting series by talking about what happens to the process when [...] Read more
Scenarios
In last week's MBA Mondays, I introduced the topic that we'll be focused on for the next month or so; projections, budgeting, and forecasting. In that post, I described projecting as a "what if" exercise that is done at a [...] Read more
Price: Why Lower Isn’t Always Better
I want to tackle the issue of forecasting and projections next in the MBA Mondays series but I don't yet have an outline in my head of how I am going to approach this critical subject. So I am taking [...] Read more
Key Business Metrics
The past five MBA Mondays posts have been about accounting concepts, financial statements, and related issues. I don't know about all of you, but I'm a bit tired of that stuff. So I'm moving on to something a bit different. [...] Read more
Hiring Update #2
As of a few minutes ago we have closed Jobscore for new candidates for our two open positions. We are excited about the incredible response, but ask for your patience as we dig through over 600 applications. Our plan is [...] Read more
Cash Flow
This week on MBA Mondays we are going to talk about cash flow. A few weeks ago, in my post on Accounting, I said there were three major accounting statements. We’ve talked about the Income Statement and the Balance Sheet. [...] Read more
Bidding Goodbye to Andrew
Four years ago this summer, Andrew Parker joined Union Square Ventures. Brad wrote this post welcoming Andrew to our firm and explaining how we found him through his blog and ours.And today I get the task of announcing that Andrew [...] Read more
The Profit and Loss Statement
Today on MBA Mondays we are going to talk about one of the most important things in business, the profit and loss statement (also known as the P&L). Picking up from the accounting post last week, there are two kinds [...] Read more
The Profit and Loss Statement
Today on MBA Mondays we are going to talk about one of the most important things in business, the profit and loss statement (also known as the P&L). Picking up from the accounting post last week, there are two kinds [...] Read more