Financial Focus for Startups and Small Businesses
Creating the Financial Roadmap for your Business
Every business owner must create a strong foundation to be a profitable, sustainable company. Understanding the financials of a business and forecasting it's potential profitability and cash flow should be top priority. The financial model is a numerical representation of the vision for your business as well as a roadmap for how you'll get there.
This course will teach you the terminology and components of financial plans and models. It will teach you the fundamental understanding of the 3 most important financial statements necessary in business. If you plan to take on business partners, co-founders, or seek outside investors or business loans, you'll need to know this information and how to create a financial forecast. This course will help you with all the fundamentals and provide you with a downloadable template (with instructions) to create your own financial model.
TPM Focus, LLC
Please Listen To This First
Introduction to Financial Focus
What You Will Learn
Pre-requisite Information
Financial Models 1
Financial Models 2
Pro forma
Forecasting
Assumptions
4 Steps to Your Financial Plan
Pop Quiz #1
Calculating Sales
Revenue Streams
Variable vs Fixed
Examples of Variable & Fixed
Examples of Expenses
Breakeven
Breakeven Formula
Financial Statements - Part 1
Financial Statements - Part 2
Income Statement - Part 1
Income Statement - Part 2 - EBITDA
Balance Sheet - Part 1
Balance Sheet Components
Cash Flow Statement - Part 1
Cash Flow Statement - Part 2
Cash Flow Statement - Part 3
Capital Requirements - Part 1
Capital Requirements - Part 2
Other Financial Considerations
Financial Model Template - Compliments of TPM Focus
Instructions for the Financial Model
How to Calculate Pricing and Revenues
Video on Calculating Pricing and Revenues in the Financial Model
Additional Assistance