The final workshop before our pitch cometition uses exercises to help you better understand financial concepts. This session reviews sales and prices, financial risks and rewards, true startup costs, ongoing operating expenses, setting benchmarks for tracking progress and the organization of all your financial information. Using a hands-on approach, you learn how to use our financial model to forecast sales revenue and build solid pro-forma financial forecasts.
You will learn to identify and develop:
- Importance of financial planning
- Building your financial model
- Understanding financial statements:
- Importance of financial planning
- Income statement
- Cash flow statement
- Balance sheet