Building a Business - Financial Projections for Startups

COURSE
DK
Debra Karr

Building a Business - Financial Projections for Startups

COURSE
DK
Debra Karr

Your startup’s business plan is not complete without the numbers to back up the rest of your projections. The financial section of the business plan doesn’t just help you obtain financing; it aids you in managing your business. Thus, even if you don’t need a bank loan or an investor at the outset, you should still work out your financials so that you can make educated decisions as your business moves forward. This course will teach you how to write the financial section of your business plan, including what should and should not be included and the pitfalls to look out for.

Learning
Financial Projections for Startups: The Basics

This module will discuss the purpose of the financial section of a startup business plan, what it includes, and why it is important to have projections even if you do not intend to seek outside financing at the outset. Watch the video and read the article before proceeding to the quiz.
 

3. Module 1 Quiz: Test Your Knowledgequiz
2. Article: How to Write the Financial Section of a Business Planresource
1. Video: Basics of Startup Financial Planningvideo
How to Build Your Financial Projections

In the previous module, you learned about the basics of startup financial forecasting. This module will discuss the details of how to build the three types of financial statements you need to include: an income statement (or P&L), a cash flow statement, and a balance sheet. Watch the videos and read the article before proceeding to the quiz.

4. Module 2 Quiz: Test Your Knowledgequiz
3. Article: 3 Key Financial Ratios to Gauge the Health of Your Small Businessresource
2. Article: How to Forecast Revenue and Growthresource
1. Video: The Art of Startup Finance: Financial Processesvideo