Part 1: Use the Pro Forma Financial Model
As an entrepreneur, you must understand some key financial metrics for your business so you can predict future performance and needs. In this part of your course project, you will use your upfront costs, sales revenue, and ongoing costs estimates to complete a pro forma financial model. This model will help you project the future performance of your company.
Instructions:
Download the appropriate pro forma financial model for your business (choose one):
Product-oriented pro forma financial modelLinks to an external site.
Service-oriented pro forma financial modelLinks to an external site.
To view a sample completed student project, click hereLinks to an external site..
To view a sample completed pro forma financial model, click hereLinks to an external site..
Part 2: Research Sources of Funding
In Part 2 of your course project, you will investigate some of the informal and formal funding options described in Module 2. This exercise will help you better understand the financing landscape and prepare for challenges and barriers you may encounter in accessing capital from various sources
Part 3: Find the Right Funding Fit
Finding the right funding fit for your business requires more than just matching the stage of your business with a type of funding. You must consider the additional factors that Professor Fleming identified in this module. In this part of the project, you will look at the big picture of your business and its funding needs to find the best potential fit.
Instructions:
Download the course projectLinks to an external site..