Financial Plan Review
Name 2 actions you could take to get closer to your break-even point faster?
Find a cheaper supplier, Raise your price
Name all the factors of a Profit-Loss Structure
Revenue, COGS, Gross Profit, Operating Expenses, Operating Profit, Net Profit, Taxes, Other Enxpenses
Name all the steps of determining how much capital the entrepreneurs need.
4 steps: 1: Understand your business model - 2: Explore Funding Options - 3: Create a Startup Budget - 4: Cut unwanted costs