Thu, 10 February 2022
How to Use Your Financial Model Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. After building your financial model, you can use it in several ways. Here is a list of use cases: Raising funding for the business by determining how much you need to raise and when. Generate financial forecasts and projections for managing the business. Project key financial statements such as profit and loss statements, balance sheets, and cash flow statements. Setting up budgets for daily management of the business, particularly around cash flow. Determining hiring decisions, including what roles to fill and when. Setting strategic plans for growing the business. Estimating the value of the business for negotiating acquisitions by other companies. An up-to-date financial model is a must-have for every startup. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |
Thu, 10 February 2022
On this episode of Investor Connect, Hall welcomes Patrick Michael Snyder, Executive Director at BizStarts. Patrick is a former Adjunct Professor at Kendall College, and Roosevelt University. As an educator, he is constantly searching for ways to enrich the lives of students. Patrick is also a published contributing author in the highly acclaimed book, “he Start-up Student” and has served on the advisory boards of several companies. Patrick served as Executive Director of the United States Association for Small Business and Entrepreneurship for 5 years, where he grew reserves from 28K to over 500K during that time! Most recently, Patrick was named Executive Director at BizStarts Milwaukee. Patrick has a BA in Communications from Eastern Illinois University, an IOM designation from the US Chamber's Institute for Organizational Management at the University of Notre Dame, and holds a graduate certificate in leadership from the University of Wisconsin, Madison. Patrick details his background before BizStarts, discusses how he sees the self-employment industry evolving, and some of the challenges faced in customer funding. You can visit BizStarts at www.bizstarts.com, via LinkedIn at www.linkedin.com/company/bizstarts/, and via Twitter at www.twitter.com/bizstarts. ____________________________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |