Learn how to understand, create and use your financial statements   · Understanding Financial Statements: o Introduces the three main financial statements: the Income Statement (Profit and Loss), Balance Sheet and Cash Flow Statement. o Explains their purposes: showing profitability, financial position, and available cash o Importance in decision-making, tracking performance, and securing investments.   · Income: […]

Learn about the many sources of funding your business. Traditional Loans: Overview of bank loans, lines of credit, and Small Business Administration (SBA) loans. What does a bank look for in a potential borrower? Equity Financing: Definition and examples (angel investors, venture capital). How does it work: selling ownership stakes in exchange for capital. Pros […]

Where do your financial projections come from? Your knowledge of your business and industry, and your best estimates of what might happen. Purpose of Financial Projections: Use to plan, set realistic goals, and secure funding. Use as a roadmap to assessing the feasibility of your plan. Importance in developing investor confidence & improving internal decision-making. Components […]