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Will My Business Idea Be Profitable? Financial Planning Provides The Answer
This Live Online Workshop will help you in developing a full understanding of the profitability of your business concept. You will learn which costs and expenses need to be factored into your Profit/Loss outlook.
As importantly, you will be able to forecast the Cash Flow of your enterprise. Avoiding negative cash flow is the key fundamental in ensuring the longevity of your company.
You will be shown how the basic financial elements tie together:
- Income Statement – Profit and Loss
- Balance Sheet – Assets and Liabilities
- Cash Flow
- Sales Forecast
By the end of the Workshop you will have gathered the data that will tell you if the commitment of your time, effort, and personal assets will generate the profits that make it all worth it.
You will have the opportunity to have your questions answered both during and at the conclusion of the Workshop. A copy of the presentation is provided to those who complete the brief Feedback Survey at the end of the session.
Fee: $20
About our Instructor
Peter Hildebrandt is a serial entrepreneur and product development professional. Having started and sold several small businesses and consulted with many large companies, he loves business. His startups have included 3D molecular modeling, weather forecasting, gourmet brownies, photo processing software, and more. From 2000 until 2013, he was responsible for long-range research, product development, product marketing, and intellectual property for a division of Steelcase (a Fortune 500 company). He currently owns a manufacturing business (Aria Lights) which makes music stand lights for professional musicians and a consulting practice (Covetability) which helps companies choose the right products to build.