====== Using Offtoa to Plan my Business ====== echo "What does ".$conf['comp_name']." do?"; echo $conf['comp_name'];: * Provides step-by-step guidance to craft your business strategy and capture your business strategy as a set of assumptions. * Automatically creates your //pro forma// financial statements from your business strategy assumptions. * Provides detailed analysis of your pro formas, just like a potential investor would. And we recommend what you need to change in your strategy to fix any problems. echo "How do you use ".$conf['comp_name']."?"; * Go to echo "www.".$conf['comp_name'].".com/app/login"; * If you do not already have an echo $conf['comp_name']; account: Press **Sign Up**. Select a subscription package. Follow the registration instructions. * If you already have an echo $conf['comp_name']; account: Enter your email and password and press the **Log In** button at the bottom. * In the upper left, press **Create New Plan**. Then press **Continue** in the lower right corner. * You will be asked to enter assumptions about your company in this order: - General Assumptions - Products - Markets - Pricing - Sales Model - Predict Units Sold/Year1 - Raw Materials2 - Cost of Goods Sold2 - Personnel - Commissions2 - Other Expenses - Major Purchases2 - Loans3 - Investments3 - Customer Payments - Supplier Payments - Cash at Beginning * Use **Back** and **Continue** button of every screen to navigate between screens. To jump to any specific screen, just press the **Assumptions** link in the expanding menu bar on the left of the page. * While you enter your assumptions * Occasionally take a quick look at the echo "".$conf['comp_name']."Score"; to obtain a very quick idea of the financial health of your company - on a scale from 0 to 100. * Occasionally press the gray echo $conf['comp_name']; **Scoreboard** link in the upper right (just below the echo $conf['comp_name'];Score) to obtain a slightly more detailed summary of the financial health of your company. * At any time, press the **Reports** link in the expanding menu bar on the left to examine your financial statements. echo $conf['comp_name']; produces them for you automatically. * Before taking a close look at your //pro forma// financials, we recommend you let echo $conf['comp_name']; do a check of your assumptions to make sure that what you entered makes sense. Do this by clicking on **Business Analysis/Assumptions Review** link in the expanding menu bar on the left. * When examining your income statement, press the **Analysis Findings** link at the bottom of the page to look for issues in your income statement. Use the blue **View Next Finding** and **View Previous Finding** buttons to thumb through all issues. When you find something you wish to address, press the green **How Do I Fix This** button, and echo $conf['comp_name']; provides a list of changes you can make to your assumptions that could fix the problem. * When examining your cash flow statement, press the **Analysis Findings** link at the bottom of the page to look for issues in your cash flow statement. Use the blue **View Next Finding** and **View Previous Finding** buttons to thumb through all issues. When you find something you wish to address, press the green **How Do I Fix This** button, and echo $conf['comp_name']; provides a list of changes you can make to your assumptions that could fix the problem. * Repeat the previous step while examining your balance sheet, capitalization table, and valuation and IRR report. Fix any problems. * In many cases, fixing one problem may cause other problems. So before you declare yourself complete, take one more pass through all the issues by pressing the **Business Analysis/Final Review** on the menu on the left and fix any remaining problems. ---- echo '[1] For more accurate results, use top-down ("Predict Market Penetration") and bottom-up ("Marketing and Sales Dollars Spent to Drive New Customer Acquisition") models of sales projections and compare them.'; echo "[2] ".$conf['comp_name']." will give you the option to skip this step if it isn't applicable to your business."; echo "[3] If you have specific plans for future loans or investments, you may also enter them now, or you can wait, and ".$conf['comp_name']." will tell you when you need to raise money and how much."; {{indexmenu_n>2}}