Funding Your Business

What does it take to have a financially feasible business? The short answer is Money! But, where does this money come from? Come explore your business’s financial feasibility in three areas—start-up or expansion, profits, and cash. Then, you will explore potential debt and equity sources of funds to help support these areas and create a financially successful venture. Agenda Unit 1 Determining your business’s financial potential identifying your personal financial goals Projecting how your business will help you reach your financial goals Typical funding stages in business Knowing where people get money to start and operate a business Unit 2 Estimating the business’s profit potential Estimating projected sales for three years Projecting expenses for three years Comparing your projections to industry standards Making changes to improve profitability Unit 3 Projecting the business’s cash flow Estimating how much money is needed Determining your cash sources for three years Determining your cash needs for three years Improving cash flow Unit 4 Evaluating funding needs against potential sources What debt sources are available for your needs What equity sources are available for your needs What the funding requirements are Putting together a funding request