Part 5 of Simple Steps for Starting Your Business: Startup Costs, Cash Flow, and Your Financial Plan - slides
by Kathleen Donohue
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August 11, 2022
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Part 5 of Simple Steps for Starting Your Business: Startup Costs, Cash Flow, and Your Financial Plan
Financial planning is essential to a startup business because it helps you:
- Figure out how much money you will need to start and run your business.
- Create a plan to guide future business decisions and monitor results.
- Communicate with stakeholders (investors, lenders, employees, etc.) about the business’s finances.
- Better understand the financial risks and rewards of entrepreneurship.
In this workshop, you will develop the financial aspects of your business plan.
This week you will:
Understand and calculate your start-up costs
Identify the elements of your cash flow, and how to manage it
Develop your financial plan
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Kathleen Donohue
Kathleen Donohue is a certified SCORE Mentor and was an independent consultant offering training, coaching, and consulting services.