Create a Robust Financial Plan - Part 4 (Financial Statements)

——   Created by Entrepreneur NOW, and Ken Burke

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Course
7
Lessons
27m
Lesson time
all
Skill levels

More about this course

The income statement, or P&L, is the financial report investors will scrutinize the most – and with good reason: it's where all your projections and calculations are summarized to tell the story, in numbers, of how your business will make money. This course will help you bring everything together to develop a P&L that's accurate and convincing.

Given that 8 in 10 business failures can be attributed to poor cash management, tracking how much cash is coming in and going out is crucial to startup success. The cash flow statement provides an ongoing record of income, investments, and expenses so you can adjust activities and stay on target. You can also predict how much you need to invest in the business before your business achieves positive cash flow – more money coming in than going out.

In addition to addressing these crucial calculations, this course delves into strategies for managing cash flow and establishing a realistic basis for cash flow projections. Using the accompanying spreadsheet in tandem with on-demand expertise, you’ll develop a sound cash flow strategy that sets your company on a path toward growth.

7 Lessons

Income Statement Explained
0:04:00
Income Statement and Cash Flow Considerations
0:00:17
Income Statement (P&L) Basics
0:01:39
Income Statement (P&L) Tells a Story about Your Business
Income Statement Walk-Through Explained
0:05:13
5 Key Areas of an Income Statement (P&L)
0:06:27
Income Statement (P&L) Inputs
Cash Flow Statement
0:07:24
The Cash Flow Statement Worksheet
0:02:04
Modeling Styles: Aggressive, Conservative, and Most Likely
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Class benefits

  • Certificate of Completion
  • 30 day satisfaction guarantee
  • 24/7 streaming access
  • Direct teacher access
  • 27m of on-demand video
  • 1 downloadable file
  • Have a coupon?

About the instructor

Educating entrepreneurs on how to create, run and grow their businesses with highly curated video-based content, learning tools & live mentoring.

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