Most entrepreneurs struggle with accurately projecting the financial potential of their startup, but they know they must do it to share with investors. Entrepreneurs by nature are optimistic, so the straight-upwards sales growth projection is often disregarded by investors as inaccurate. But don’t fret–you don’t need to be a “finance person” to get this right! In this course, you will learn how to break down your startup’s profit model into its smallest variables, then analyze each variable to come up with an accurate assessment.

Next, you’ll learn how to build it back together and come up with reasonably-accurate financial projections backed by real data.This analysis will help you accurately determine how much funding you will need to raise in order to succeed, rather than arbitrarily picking a number that you think you’ll need.

A bonus to this process is that you begin to uncover a tremendous amount of potential obstacles that could affect your chances of success down the road, and gain an intimate understanding of how your business will need to operate to succeed. This is a critical skill for an entrepreneur to have in their arsenal!

Key Takeaways:
Be able to generate reasonably-accurate financial projections for your startup

Understand the variables that will affect the profitability of your startup

Determine how much funding you will need and why you need it

September
27
Sep 27, 2022 9:00 am - 3:00 pm EST

ProMedica Innovations Summit

Presented by: ProMedica
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September
28
Sep 28, 2022 12:00 pm - 1:00 pm EST

Marketing Plan 101

Presented by: Braintree Business Development Center
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September
28
Sep 28, 2022 6:00 pm - 7:30 pm EST

Stepping Up In The Glass City: September Small Business Pitch Competition

Presented by: JumpStart
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September
29
Sep 29, 2022 10:00 am - 11:00 am EST

Caffeinated Ideas

Presented by: Braintree Business Development Center
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October
06
Oct 6, 2022 5:00 pm - 8:00 pm EST

Youngstown Business Incubator: Shark Tank

Presented by: Youngstown Business Incubator
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October
11
Oct 11, 2022 5:30 pm - 8:00 pm EST

1st & Tech: Startup Networking Mixer

Presented by: JumpStart
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October
13
Oct 13, 2022 11:00 am - 12:00 pm EST

Ask the Legal Expert: Laws about Trade Secrets

Presented by: Braintree
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October
19
Oct 19, 2022 12:00 pm - 1:00 pm EST

Marketing “Must-Do’s”

Presented by: Braintree Business Development Center
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November
10
Nov 10, 2022 9:00 am - 10:00 am EST

Innovation Fund Info Session

Presented by: Innovation Fund
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November
10
Nov 10, 2022 12:00 pm - 1:00 pm EST

Website 101

Presented by: Braintree Business Development Center
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November
17
Nov 17, 2022 10:00 am - 11:00 am EST

Caffeinated Ideas

Presented by: Braintree Business Development Center
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