Part 5 of Simple Steps for Starting Your Business: Startup Costs, Cash Flow, and Your Financial Plan

Financial planning is essential to a startup business because it helps you:

  • Figure out how much money you will need to start and run your business.
  • Create a plan to guide future business decisions and monitor results.
  • Communicate with stakeholders (investors, lenders, employees, etc.) about the business’s finances.
  • Better understand the financial risks and rewards of entrepreneurship.

In this workshop, you will develop the financial aspects of your business plan.
This week you will:

  • Understand and calculate your start-up costs

  • Identify the elements of your cash flow, and how to manage it

  • Develop your financial plan

About the Author(s)

 Kathleen  Donohue

Kathleen Donohue is a certified SCORE Mentor and was an independent consultant offering training, coaching, and consulting services.

Certified Mentor, Professional Trainer and Coach, SCORE Bucks County
Part 5 of Simple Steps for Starting Your Business: Startup Costs, Cash Flow, and Your Financial Plan  - slides