A brief vademecum to not be disorientated and to better know the world of the START-UP.
Unlike the incubator, that supports the startup in the phase of primordial growth, an accelerator supports the startup in its passage from startup to ripe enterprise. An accelerator can ask a share of the company in exchange for small financial backings and mentorship. Usually the programs of acceleration last more than those of incubation.
Break even Point
The business turnover that guarantees the coverage of fixed and variable costs and that the deficit is extinguished.
The “break-even” point is calculated in the following manner: the price of sale less the sum of the variable and fixed costs.
It’s the model with which the startup works and that it allows her to produce value in the time. The model with which the start-up works and that allows it to produce value in time. It consists in the explanation of the mechanism with which the start-up makes to interact with the following elements: Key Partner, Key Activity, Key-Resources, Value Proposition, Business Relations with the clients, market Channels, Clients' Segments, Structure costs and proceeds Flow. Usually, it is represented by the Business Model Canvas.
The description of the entrepreneurial idea (Business Model), a market research and the resources, the objectives of the firm and also the suitable measures and the key-passages (Milestones) of the business progress. This information is included in a global financial plan. Investors, banks and other Partners ask for these financial plans.