by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Early Employees & Contractors Back To: MANAGEMENT Founders with Complementary Skill Sets The business team begins with the entrepreneur(s). Earlier lectures in this library introduced the genesis and evaluation of the business idea. In many...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Founders and New Owners Back To: MANAGEMENT Forming a Business Team (Overview) The business team either refers to the business managers or, in the case of most startups, everyone working on or in the business. In the early stages of a startup, the...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
Back to: ACCOUNTING, TAX, & REPORTING Overview of Small Business AccountingBusiness accounting consists of operational accounting (book accounting) and tax accounting. Operational accounting accounts for the actual revenue and expenses to the business. Tax...
by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles
[cite] Back to:BUSINESS & PERSONAL FINANCE Business Funding Note: This lecture is merely topical in nature. We cover the issue of Business Funding in more depth in our Business Finance Library. Business funding is a primary concern among nearly every startup...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Presentation Style Guide Back to: ENTREPRENEURSHIP Slide 13: Questions The last slide should ask for investor questions. Its not uncommon for questions to last as long or longer than the presentation. If possible, you should also highlight some of...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Slide 13: Questions Back to: ENTREPRENEURSHIP Slide 12: Capital and Valuation This slide presents your request for capital and proposed valuation of the business. In the Financial Projection chapter we explained the different methods for valuing...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Slide 12: Capital and Valuation Back to: ENTREPRENEURSHIP Slide 11: Milestones and Funding This slide concerns the funding needs and the major events or milestones in the business. You will allocate available funds differently depending on the...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Slide 11: Milestones and Funding Back to: ENTREPRENEURSHIP Slide 10: Financial Forecast The financial forecast is a snapshot of the most important aspects of the financial statements. Take a look back at the Financial Projections material to...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Slide 10: Financial Forecasts Back to: ENTREPRENEURSHIP Slide 9: Marketing & Sales Plan This slide concerns how you are going to deliver information about your product or service and, later, how you will actually transmit that product or...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Next Article: Slide 9: Marketing and Sales Plan Back to: ENTREPRENEURSHIP Slide 8: Competition You have explained how you are going to exchange value with customers and why you will be successful at it. However, savvy investors know that even superior products...
