WORKSHOP SESSION 3 - Financial Projection/Funding Sources/Next Steps
Check-in for Session 3 is at 8:45 a.m. with the session starting promptly at 9:00 a.m. and concluding by 3:00 PM.
Financial Projections uses exercises to help you better understand financial concepts. We will review sales and prices, financial risks and rewards, true start up costs, ongoing operating expenses, setting benchmarks for tracking progress and the organization of all your financial information. You will learn how to use our financial model to forecast cash flow, sales revenue and build solid pro-forma financial forecasts.
Funding Sources and Next Steps offers information on how to finance your small business. Discussions include sources of funds, the six C’s of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements. You will get an inside view of how a bank assesses the merits of business plans and loan applications.
This is the third session of a three part series "Simple Steps To Starting Your Business". Session 1 - Startup Basics (July 9, 2016) and Session 2 - Business Concept/Marketing (July 16, 2016) are listed separately on the SCORE Web Site.