Few people think about how important it is to do a business evaluation before launching a project, which is a preliminary/planned financial calculation. It takes 4 to 8 hours.
The result of the project evaluation (planned financial calculations) can show that you will not make as much money on the planned project as you would like because of market, financial, technical and other resource limitations.
50% of projects turn out not to be attractive after preliminary financial calculations
Building a financial model
All financial indicators are visible in the financial model – a table in which calculations are made on the project: revenue, expenses, profit, return on investment, etc.
Why do you need a financial model:
- Minimization of monetary losses and time in connection with the launch of not promising project;
- The ability to choose the most attractive project out of several options;
- Possibility to compare actual indicators of business with planned ones and to monitor and make timely corrections.
- The aim of the course: to teach anyone without prior training to make calculations on business (income, expenses, profit, necessary investments, etc.) before its launch and to assess the attractiveness and prospects of the project.
How to enroll in the course – “Business Plan in 8 Hours”
This is a great way to get your project off the ground
STEP 1: DECISIVE.
Leave an application through the website or call – we’ll book a place on the offline course, give you access for the online classes
STEP 2: PRACTICAL
Pay for training in a convenient way – by transfer to your credit card
STEP 3: SUCCESSFUL!
Study the materials, do your homework, and participate in the sessions
You will learn
- Understand the key financial indicators of the project: payback period, breakeven point, return on sales, return on initial investment
- Understand if a project is attractive to you before it starts
- Know how to analyze the market
- Look at the project through the eyes of an investor
- Speak the same language as the investor
- Compare actual figures of the project with the planned ones
- Develop a projected sales plan for your product or service
- Assess the profitability of the project
- Calculate the necessary initial investments
- Compare the attractiveness of different projects
- Generate a forecast cash flow report
- Generate a forecasting report of the company’s revenues and expenses.