Podcasts about financial projections

The Bulletproof Dental Podcast Episode 397 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUEST: Dr. Alex Edgerly DESCRIPTION In this podcast, Peter Boulden and Craig welcome Alex Edgerly, a general dentist from Southeast Texas, about growing his dental practice. They discuss managing patient demand, leaving insurance networks, strategic expansion planning, and maximizing chair utilization. The conversation covers construction strategies that minimize patient disruption, financing options, tax benefits of real estate investments, and architectural planning using 3D visualization tools. They also explore financial projections, overcoming expansion fears, community engagement, and the value of mastermind groups for professional development and support. TAKEAWAYS Alex Edgerly welcome and background Alex is currently planning to expand his practice from 7 to 12 operatories. He has transitioned out of insurance networks to improve profitability. Alex trained his staff on effective patient scheduling and communication. Alex's journey reflects the challenges and rewards of dental entrepreneurship. The excitement during construction can positively impact practice revenue. Engaging patients and staff during construction can minimize disruption. Understanding the structure of construction loans is crucial for financing. Community needs should drive decisions about practice expansion. Cost segregation analysis can lead to substantial tax savings. Strategic planning is essential for sustainable growth in a dental practice. Spend copious amounts of time with your design. Utilize technology like Revit for better planning. Overcoming fear of growth is essential for success. Mastermind groups provide valuable support and accountability. Transparency with your team and family is important. CHAPTERS 00:00 Introduction to Alex Edgerly and his journey in Dentistry 07:20 Planning for Expansion 15:05 Serving the Community Through Expansion 18:01 Transitioning Out of Insurance Networks 21:24 Current Status and Future Plans 24:26 Minimizing Patient Disruption During Construction 30:10 Navigating Lending and Financing for Expansion, tax benefits and ROI in real estate 38:44 Strategic Planning for Future Growth 42:32 Architectural Planning and Design Importance 49:15 The Value of Community and Team Engagement 50:57 Financial Projections and Growth Strategies 54:50 Overcoming Fear of Growth and the role of Masterminds in Personal Development REFERENCES Bulletproof Summit Bulletproof Mastermind  

On this episode of Chit Chat Stocks, Ryan goes through a research report on a burgeoning network effect business hiding in plain sight: Instacart (Ticker: CART). We discuss:(03:10) The Genesis of Instacart(07:20) Building the Marketplace Network(11:08) Understanding the Transaction Mechanics(22:04) Monetization Strategies and Advertising(27:14) Competitive Landscape and Market Positioning(33:08) Consumer Behavior and App Segmentation(41:42) Management Changes and Leadership Concerns(51:14) Financial Projections and Growth Outlook*****************************************************JOIN OUR NEWSLETTER AND FREE CHAT COMMUNITY: https://chitchatstocks.substack.com/ *********************************************************************Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today: https://www.interactivebrokers.com/ Interactive Brokers is a member of SIPC. *********************************************************************FinChat.io is the complete stock research platform for fundamental investors.With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.Use our LINK and get 15% off any premium plan: ⁠finchat.io/chitchat *********************************************************************Bluechippers Club is a tight-knit community of stock focused investors. Members share ideas, participate in weekly calls, and compete in portfolio competitions.To join, go to ⁠Blue Chippers and apply! Link: ⁠https://bluechippersclub.com/*********************************************************************Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

The Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. Join the Retirement Loop waitlist here: https://www.retirementloop.ca 5 easy steps to clean your portfolio: https://moosemarkets.com/webinar Download the Rockstar list here: https://moosemarkets.com/rockstars Why I prefer low yield vs high yield: https://moosemarkets.com/income

Brad Leavitt, the owner of AFT Construction, shares his journey of scaling his business from a one-man show to a team of 28. He discusses the importance of developing systems, building a strong team, and maintaining a leadership mindset to support the company's growth. https://www.aftconstruction.com   Partners:  Andersen Windows Buildertrend Velux   The Modern Craftsman: linktr.ee/moderncraftsmanpodcast Find Our Hosts:  Nick Schiffer  Tyler Grace  Podcast Produced By: Motif Media Tyler's Top Blogs: How I Started My Business Books that Build Site Protection Principles My Preconstruction Process: Part 1 Becoming Proficient in Multiple Trades

Raising capital for your business? Drawing from my experiences with various business owners, I highlight effective strategies and common pitfalls when approaching investors. I emphasize the importance of presenting a clear value proposition, backed by solid market data and realistic financial projections.   Learn how to target investors who resonate with your mission, showcase your business's unique position in the market, and understand the significance of your team structure and compensation. I'll also discuss the critical role of the founder in securing investment and share insights on building momentum and networking early to streamline your capital-raising efforts. Whether you're starting a seed round or looking for strategic investors, this episode will equip you with the tools to confidently attract and secure the funding your business deserves.   What You'll hear in this episode: [1:25] Targeting the Right Investors [2:15] Market Opportunity and Business Model [4:14] Momentum and Traction [5:35] Team Structure and Compensation [6:40] Financial Projections and Investor Outlook [8:25] The Importance of the Founder [10:35] Networking and Final Tips   If you like this episode, check out: Build Wealth Through Connections with Fred Moskowitz Adopting an Investor Mindset with Tess Waresmith When to Invest in Premium Products and Services   Want to learn more so you can earn more?  Visit keepwhatyouearn.com to dive deeper on our episodes  Visit keepwhatyouearncfo.com to work with Shannon and her team  Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ  Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/    The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

What are VCs looking for? Is your startup fundable? What do you need to improve to get financing? On today's show we have Amy Wood, the Program Manager for the "Most Fundable Companies" initiative at Pepperdine Graziadio Business School, a groundbreaking program that empowers early-stage startups by providing critical insights into their readiness for private investment. Launched in 2018, the MFC program democratizes access to funding, helping promising companies refine their financial projections, market opportunities, and team strengths.

BGI 343 The One About Game Industry Financial Projections Out to 2030 Board Games Insider – Join our Guild on Board Game Geek Guild | Like us on FB Social media: Ignacy Trzewiczek / Portal Games: website | FB | Twitter | Youtube Corey Thompson / Above Board TV:  website | Youtube Stephen Buonocore / […]

The Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. Join the Retirement Rocks waitlist here: https://dividendstocksrock.com/retirement-rocks Download The Canadian Rock Stars List, a selection of the safest dividend stocks in Canada: https://moosemarkets.com/rockstars Webinar Withdrawing Money at Retirement: https://moosemarkets.com/webinar Webinar Replay: Dividend Income For Life : https://www.dividendstocksrock.com/dividend-income

In this call, the team discusses a recent land acquisition of 100 acres near Houston for $1 million, achieved through strategic direct marketing and MLS searches. Allan, who found the deal, shares his approach to quickly generating leads through direct contact with agents. The conversation shifts to the team's overall strategy, emphasizing the importance of leveraging resources, raising capital, and the mental and physical stamina required to manage large-scale real estate investments. The team also highlights the significance of trust, partnership, and allowing team members to make mistakes as part of their growth and success. Introduction and Deal Announcement (0:00 - 1:04): The call begins with a discussion about a newly acquired 100-acre property, introducing Allan who played a key role in securing the deal. Allan's Strategy for Finding Deals (1:04 - 3:37): Allan explains his method of using MLS and direct marketing to quickly find and secure lucrative land deals. Financial Projections and Deal Breakdown (3:37 - 5:09): The team discusses the financial aspects of the deal, including projected sales prices and potential return on investment. Partnership Dynamics and Mental Health (5:09 - 34:01): A deep dive into the importance of trust, partnership, and mental stamina in handling the pressures of large-scale real estate operations. Consultative Approach and Closing Remarks (34:01 - 49:15): The conversation wraps up with advice on taking a consultative approach when working with builders, and the team reflects on their journey and the value of learning from mistakes. Text

On this episode of Chit Chat Stocks, Brett goes through a report on the next stock he is buying and why: (04:35) History and Business Model (09:16) Product and User Experience (16:15) Business Model and Unit Economics (23:45) Growth Strategy and Marketing (30:07) Management and Trust (33:08) Motivated Management and Growth Potential (34:22) Financial Projections and Revenue Growth (37:59) Competitive Advantage and Moat Expansion (49:09) Risks to Watch (52:23) Confidence in Growth Potential ***************************************************** Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks  Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks  Follow us on Substack: ⁠https://chitchatstocks.substack.com/  ********************************************************************* A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6.9% yield is the average annualized yield to maturity (YTM) across all ten bonds in the Bond Account, before fees, as of 8/28/2024. A bond's yield is a function of its market price, which can fluctuate; therefore a bond's YTM is “locked in” when the bond is purchased. Your yield at time of purchase may be different from the yield shown here. The “locked in” YTM is not guaranteed; you may receive less than the YTM of the bonds in the Bond Account if you sell any of the bonds before maturity, or if the issuer calls or defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule.  Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. You should evaluate each bond before investing in a Bond Account.  The bonds in your Bond Account will not be rebalanced and allocations will not be updated, except for Corporate Actions. Fractional Bonds also carry additional risks including that they are only available on Public and cannot be transferred to other brokerages. Read more about the risks associated with fixed income and fractional bonds. See Bond Account Disclosures to learn more. ********************************************************************* FinChat.io is The Complete Stock Research Platform for fundamental investors. With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use. Use our LINK and get 15% off any premium plan: ⁠finchat.io/chitchat  ********************************************************************* Sign up for YellowBrick Investing to track the best investing pitches across the internet: joinyellowbrick.com/chitchat ********************************************************************* Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

In this episode, Scott Becker shares his insights on assessing pitch decks, emphasizing the importance of realistic financial projections, grounded valuations, and a clear understanding of the business model. He discusses the critical factors that influence investment decisions, including the entrepreneur’s knowledge of their business and the sensible use of funds.

In this episode, Scott Becker shares his insights on assessing pitch decks, emphasizing the importance of realistic financial projections, grounded valuations, and a clear understanding of the business model. He discusses the critical factors that influence investment decisions, including the entrepreneur’s knowledge of their business and the sensible use of funds.

Want to get in touch? Send us a text!In this episode, Travis and Steve discuss when to fund a Roth IRA and when not to. They emphasize the importance of understanding net earnings and the framework of financial projections. They explain the difference between a Roth IRA and a traditional IRA, highlighting the tax benefits and implications of each. They also discuss asset location and how it can optimize tax efficiency. The key takeaway is that financial planning should consider individual circumstances and future tax brackets to determine the best strategy for funding a Roth IRA.________________________________________________________________Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia

Is B2B stump grinding the next big move? HoldCo bros break down all the numbers. With Nikonomics host, Nik Hulewsky---Watch this on YouTube instead here: https://www.youtube.com/@thekoerneroffice?sub_confirmation=1Ask me a question on or off the show here: http://form.typeform.com/to/Eb8KaY0pLearn more about me: http://chrisjkoerner.comLearn about my company: http://cofounders.comFollow me on Twitter here: https://twitter.com/mhp_guyFree weekly business ideas newsletter: https://newsletter.chrisjkoerner.com/Nik's channel: https://tinyurl.com/nikonomicsYT--01:10 Exploring the Tree Trimming Business Model02:07 Challenges and Opportunities in Stump Grinding06:09 Market Research and Initial Testing10:34 Financial Projections and Business Strategy13:25 Potential Marketing and Agency Model17:48 Testing and Cold Calling Strategy19:13 Exploring Market Needs and Strategies20:07 The Importance of Statistical Significance23:29 Case Study: Laundromat Business Success27:14 Identifying Business Opportunities30:16 Competitive Analysis for Business Expansion32:47 Leveraging Data for Strategic Growth39:54 Collaborating with Commercial Real Estate

Welcome to a new episode of Get Creative! Today's episode is hosted by Jordan Wittenberg who is joined by Donna Chartier and Lynn Dolan, who share their journey and insights into their latest co-living project using the Pad Split model. This episode is packed with valuable lessons on networking, deal structuring, and solving the housing crisis through creative solutions.   Highlights: "Networking is the key to unlocking new opportunities in real estate."   "We wanted to create homes that people would love to stay in, not just rooms to rent."   "Affordable housing is a crisis, and we're passionate about being part of the solution."   "Success in real estate is about leveraging your community and building a strong team."   Title: 00:00 - Welcome and Introduction 00:23 - Overview of the Gator Tribe 01:04 - Profiling Donna Chartier and Lynn Dolan 01:56 - How Donna and Lynn Met and Started Their Journey 05:15 - Networking and the Path to Pad Split 06:48 - Details of the Atlanta Deal 10:29 - Structure and Financing of the Deal 13:03 - Building a Remote Team 17:33 - Challenges and Overcoming Obstacles 25:23 - Financial Projections and Future Plans   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 

TLDR: These show notes were optimized using Google Gemini after we tried Meta Llama 3 8B and ran into issues. The show notes are designed to make you listen to the full episode thanks to AI. Below is a poem for the show from GeminiThe numbers whiz by,a blur in the night, Financial wizards locked in a fight. AI swoops in, a tool sharp and bright, Saving precious hours, making data take flight.Future Finance: AI Revolutionizes Financial PlanningWelcome to the exciting world of Future Finance! Today's episode dives into the transformative power of Artificial Intelligence (AI), specifically generative AI, in the financial industry. Our guest, Adam Tzagournis, a CPA, full-stack developer, and the founder of FlowCog Canvas, joins Paul Barnhurst and Glenn Hopper for a thought-provoking discussion.Here are the key takeaways to whet your appetite for the full episode:Generative AI for the Win: Researchers are making significant strides in AI, with studies demonstrating its ability to outperform human analysts in tasks like financial statement analysis. This translates to more accurate and timely insights for better decision-making.AI as a Powerhouse for Productivity: Generative AI automates repetitive tasks such as data analysis and reporting, freeing up valuable time for finance professionals to focus on strategic analysis and decision-making.Human-AI Collaboration is Key: The future lies in a collaborative approach where AI empowers human expertise. Financial professionals can leverage AI tools to gain deeper financial insights and proactive risk management strategies.The Rise of the Evolving Workforce: The financial industry is on the cusp of a transformation. While some jobs may be displaced by AI, new roles will emerge, emphasizing the need for data science and AI literacy.Follow Adam:LinkedIn: https://www.linkedin.com/in/adam-tzagournis-cpa/Website: https://canvas.flowcog.com/Follow Glenn:LinkedIn: https://www.linkedin.com/in/gbhopperiiiFollow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguyFollow QFlow.AI:Website: https://qflow.ai/future-financeStay tuned for the full episode where you'll learn more about the exciting applications of generative AI in financial projections, the future of financial roles, and much moreFuture Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.Learn more at Qflow.ai/future-finance.In today's episode:[06:54] Introduction[07:30] AI and Nose-Picking[08:55] Guest Introduction[10:10] Early Adoption of AI[13:28] Generative AI in Financial Projections[17:00] Pace of AI Advancements[18:12] AI as a Productivity Tool[25:39] AI for Small and Medium Businesses[30:35] Fun rapid-fire Session[33:40] Future of Finance Predictions[36:50] Contact...

In this episode of the AZREIA show, host Marcus Maloney and executive director Mike Del Prete are joined by Justin Britto from Madison Community Properties to explore the multifamily real estate market.  Justin shares his journey from early experiences in real estate to founding Madison Communities, emphasizing the importance of multifamily investments. He discusses various aspects of real estate investing, including underwriting deals, overcoming fear, and the significance of building relationships with banks and brokers.    Key Takeaways: 02:05 Justin Britto's Journey into Real Estate 04:17 From Construction to Multifamily Mastery 05:41 Overcoming Fear and Embracing Risk in Real Estate 06:25 The Strategy Behind Value-Add Deals and Financial Projections 14:54 Navigating Neighborhood Dynamics and Market Shifts 18:36 Community Efforts and Challenges in Property Management 19:50 Innovative Leasing Strategies for Vacant Units 23:03 The Impact of High Interest Rates on Real Estate Investments 24:50 Building Relationships with Banks for Real Estate Success 26:23 Exploring New Real Estate Ventures Amidst Market Shifts 27:03 The Vision for Affordable Housing Development 37:58 Leveraging Team Dynamics in Real Estate Projects   Connect with Justin Britto   ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here. Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

In January of this year, the U.S. Securities and Exchange Commission (the “SEC”) adopted final rules regulating SPAC IPOs and business combinations.  Central to this rulemaking was the SEC's updated and expanded guidance on the use of projections in all SEC filings as well as rulemaking specific to projections in de-SPAC transactions.  The evolving regulatory environment combined with market headwinds have made strategies to manage potential liability exposure while executing de-SPAC transactions top of mind for many market participants. In this episode, James Zukin, founder of Zukin Certification Services, and Michelle Heisner, partner at Baker McKenzie LLP, discuss the SEC's rules on disclosure and liability related to projections used in de-SPAC transactions.  Zukin Certification Services launched a Reasonable Basis Review service that provides SPACs and their business combination partners with an independent review of such partner's projections and readiness to operate as a public company.  This service was designed in part to address SEC rulemaking focused on projections included in SEC filings having a reasonable basis. Please note, the positions and opinions expressed by the speakers are strictly their own, and do not necessarily represent the views of their employers, nor those of the D.C. Bar, its Board of Governors or co-sponsoring Communities and organizations. Thank you to our sponsors!⁠⁠⁠⁠⁠ ⁠⁠LawPay⁠⁠⁠ was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. ⁠MyCase⁠⁠ is an intuitive and powerful legal case management software designed to cover the entire client lifecycle, including lead and document management, billing and invoicing, and comprehensive reporting.

Welcome to episode 18 of Fund Friday! Today, we are joined by Mathew Owens, the founder of OCG properties. We talked about how he discovered his passion for real estate and built a successful business, investment strategies, and many more! Learn about the importance of due diligence, cultivating relationships, and achieving financial freedom. We'll also discuss the benefits of passive investing, diversification strategies, and the impact of economic factors like interest rates.Regardless of your experience level in investing, whether you're well-versed or just starting out, this episode provides valuable insights. Tune in now and share your thoughts with us!Learn more at www.lscre.com Follow Rob Beardsley:YouTubeFacebookLinkedInRead Rob's articles:https://www.lscre.com/blog

Welcome back to another episode of "Treat Your Business". I'm Katie Bell, and today, we're diving into the core of business fundamentals. Lately, I've been engaged in enlightening discussions with clinic owners like you during our business and marketing audit calls. Something intriguing emerged during these conversations – the absence of essential elements in their business strategies. Today marks the beginning of a series where we revisit some crucial business basics.Summary:In this episode, we explore the vital yet often overlooked aspects of running a successful clinic business. Amidst the daily grind of patient care, administrative tasks, and marketing efforts, it's easy to lose sight of foundational principles. Through insightful anecdotes and practical examples, we unravel the significance of strategic planning, profit prioritisation, and aligning business decisions with long-term goals.Key Takeaways:Strategic Planning: Stepping off the treadmill of daily operations to focus on strategic planning is imperative for business growth.Profit Prioritisation: Revenue alone is not indicative of success; prioritising profit ensures sustainable business growth.Financial Projections: Establishing clear financial goals and projections helps guide strategic decisions and resource allocation.Time Management: Being proactive rather than reactive is crucial; effective time management allows for strategic decision-making and business development.Business Vision: Revisiting and realigning with your initial business vision is essential to adapt to changing circumstances and priorities.Business Support: Seeking external support, such as business and marketing audit calls, can provide valuable insights and strategic guidance for business improvement.Remember, embarking on a business journey without a clear plan is akin to setting off on a trek without a map – you'll likely lose your way. Take the first step towards strategic business growth by booking your complimentary business and marketing audit call today. Here's to transforming your clinic's future!Resources: https://www.facebook.com/groups/thrivebusinesscoaching https://www.facebook.com/thrivebizcoaching https://thrive-businesscoaching.com/ Book your business and marketing audit call here - we only have 5 slots per month! https://call.thrive-businesscoaching.com/business-audit https://thrive-businesscoaching.com/podcast/what-is-your-qbr/ Rate This Podcast: https://ratethispodcast.com/tyb This podcast is sponsored by the team at HMDG

Zach talks with Jackie Holt, a Data Scientist at Propeller. Jackie shares more about how Generative AI has helped her and her field. Then, she delves into what's been good and what's been... not so good (including privacy and hallucinations). We end with some advice from Jackie on how to best harness GenAI tools. Take a few minutes this morning to listen in as we get into the nitty gritty of GenAI's place within data science. Like, Subscribe, and Follow: YouTube: https://www.youtube.com/channel/UCAIUNkXmnAPgLWnqUDpUGAQ LinkedIn: https://www.linkedin.com/company/keyhole-software Twitter: @KeyholeSoftware Find even more Keyhole content on our website (https://keyholesoftware.com/). About Jackie: Jackie is a Data Scientist and Consultant at Propeller with a Master of Science from Eastern University (MBA from Boston University in progress). She specializes in Machine Learning, Artificial Intelligence, Supply Chain Analysis, Data Privacy, Governance, and Security and Financial Projections and Analysis.  LinkedIn: https://www.linkedin.com/in/jackieaiml/

This week, Taylor is joined by legendary leader of Blount Contracting and BuildWitt CFO, Randy Blount, who shares his inspiring journey of taking his family business to simply incredible heights of success. Together, they also dive into such essential themes as leadership, accurate job costing, and the intricacies of managing overhead costs, providing invaluable insights for professionals aiming to enhance the construction industry. Throughout this engaging episode, Randy shares his wealth of expertise, offering listeners some of the tools and knowledge they need to navigate the financial intricacies of the industry effectively. Emphasizing the importance of distinguishing true overhead from indirect expenses, Randy notes that misclassification can impact project profitability assessments. He also delves into the complexities of equipment-related costs, offers practical insights into accurate financial reporting, and introduces the concept of using "revenue per employee" - a strategic metric for construction companies to enable effective growth planning and proactive business management. Randy's insights, as shared here today, into making informed decisions, optimizing costs, and planning for sustainable growth, ultimately contribute to the entire construction industry's ongoing improvement. You do not want to miss this opportunity to access the wisdom of this giant in the construction field that can absolutely transform your construction business and the very industry itself. Topics: Transitioning into leadership roles and shaping a business's future The impact of job costing complexities on profitability Distinguishing between indirect and administrative overhead costs Accurate project estimation and long-term cost management Challenges, opportunities, and the need for continuous improvement in construction Harnessing financial insights and effective management for growth and success Key financial management topics, including true overhead, equipment expenses, revenue per employee, and growth planning Quotes: "I tell people all the time, “Some people say I'm smart. I'm not sure if I'm smart, I think I'm just too dumb to quit."” "You learn by your mistakes.” "It doesn't matter how good your operational team is, if you get a bad estimate, it is really, really hard to overcome a bad estimate." "Sometimes it's having the confidence to hold your position when maybe everyone else around you is not." "We also did a five-year plan for our growth. And five-year plans are really like a plan, you know? Who knows if it's actually going to happen. But it's helped us put into perspective like, hey, we wanna grow this much over five years." "Take care of the business, and the business will take care of you." "Use the numbers, but then also weigh some of that experience.” "Don't be afraid to reach out to somebody who, you know, isn't in your region but does something similar, and just be like, “Hey man, I'm trying to understand some construction finance stuff. This is what I'm struggling with. Do you have any insight?"” As always, thank you to our good friends over at Komatsu for sponsoring this podcast: https://www.komatsu.com/ Links: Taylor White on LinkedIn To see highlights from the 2023 show, go to: https://www.conexpoconagg.com/show-experience/show-highlights Komatsu: https://www.komatsu.com/ Randy's LinkedIn Page: https://www.linkedin.com/in/randy-blount-04a895a/

Doug Wright, Chief Financial Officer for Mission Fed Credit Union and a well-known and respected market analyst, talks about the general financial market, along with projections for the year ahead.

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Financial Projections for M&A Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In selling your business, the prospective buyer will want to see financial projections showing how you expect the company to perform. There are three financial statements to complete:  Income statement, Balance Sheet and cash flow statement. It's important to develop a realistic projection. The projections should take into account the buyer and their plans for the company. The goal is to show how acquiring your business will help them. The buyer may want to reduce cost, or increase sales, or maintain the status quo. The buyer will review the financials for any outstanding obligations such as debt or accounts payables. They will want to understand the assumptions used to build the numbers. They want to know how much you believe in the forecasted numbers and may ask you to take ownership of achieving the forecast. It's important to understand why the buyer wants to acquire your company before building your financial projections. The goal is to show how your company can help solve the buying company's problems.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

In today's Q&A Glen and John touch on:

In this episode, Nate discusses how numbers lie, especially in the financial world. He also discusses why you shouldn't invest money solely in projections and why in the Infinite Banking community, policy illustrations should serve a minor role in your decision-making process. ~ Access our FREE Infinite Banking Beginner course here: https://livingwealth.com/bankonyourself ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e185 Topics discussed in this episode: Discover how numbers can deceive, particularly in the complex world of finance Why basing your investments solely on projections can lead to risky decisions Why the Infinite Banking community emphasizes a different approach Uncover why policy illustrations should play a minor role in your decision-making process Gain insights into making more informed financial choices How you can decide based on a deeper and conceptual reality that is likely to achieve what is being projected and not let your ears get tickled by some fancy projections How the Infinite banking concept can save you from losing some money Episode Resources: Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/ What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/ Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/  

General Business Plan OutlineI. Executive Summary  * Brief overview of the business idea, target market, competitive advantage, and financial projections  * Detailed description of the product or service being offered and its unique selling proposition (USP)  * Brief summary of the target market, including demographic information and key characteristics  * Overview of the competition and the business's competitive advantage  * Financial projections, including revenue, expenses, and profitabilityII. Business Description  * Detailed description of the business mission, vision, objectives, legal structure, ownership, and management team  * Business mission statement outlining the purpose and goals of the business  * Vision statement that describes the desired future state of the business  * Objectives that are specific, measurable, achievable, relevant, and time-bound (SMART)  * Legal structure, including the type of business (e.g., LLC, corporation, sole proprietorship) and ownership structure  * Management team, including key personnel, their qualifications, and responsibilitiesIII. Market Analysis  * Comprehensive analysis of the target market, including size, demographics, growth potential, competition, and market trends  * Market size and growth potential, including key market segments and their size, growth rates, and potential for profitability  * Demographic information, including age, gender, income, and other relevant characteristics  * Analysis of the competition, including their strengths, weaknesses, and market share  * Overview of market trends, including emerging technologies, consumer preferences, and regulatory changesIV. Marketing and Sales Strategy  * Clear plan for reaching and acquiring customers, including marketing channels, pricing strategy, and sales projections  * Marketing channels that will be used to reach the target market, such as social media, email, and print advertising  * Pricing strategy that is competitive and aligned with the value proposition of the business  * Sales projections, including sales volume and revenue targets for the short- and long-termV. Operations Plan  * Description of the day-to-day operations of the business, including production process, suppliers, inventory management, and logistics  * Production process, including the steps involved, resources required, and quality control measures  * Suppliers, including the sources of raw materials, equipment, and other resources required for the business  * Inventory management, including the management of inventory levels, ordering, and storage  * Logistics, including transportation, warehousing, and distributionVI. Financial Projections  * Detailed financial projections, including revenue and expense forecasts, cash flow projections, balance sheets, and profit and loss statements  * Revenue projections that are realistic and aligned with the sales and marketing strategy  * Expense projections that take into account all costs associated with operating the business, including fixed and variable costs  * Cash flow projections that demonstrate the ability to manage cash flow effectively  * Balance sheets that provide an overview of the assets, liabilities, and equity of the business  * Profit and loss statements that demonstrate profitability and sustainabilityVII. Funding Requirements  * Clear statement of funding requirements, amount of funding required, use of funds, and expected return on investment  * Funding requirements that are realistic and aligned with the financial projections and business objectives  * Use of funds that is clearly defined and demonstrates how the funds will be used to achieve the business objectives  * Expected return on investment that is attractive to potential investors and demonstrates the potential for profitabilityVIII. Risk Analysis  * Assessment of potential risks and challenges, along with plan for mitigating those risks and addressing challenges  * Identification of potential risks and challenges that the business may face, including market, financial, legal, and operational  * Assessment of the likelihood and potential impact of each risk and challenge  * Mitigation strategies for each risk and challenge, including contingency plans and risk management processes  * Plan for regular monitoring and review of risks and challenges to ensure timely mitigation and proactive managementIX. Exit Strategy  * Plan for exiting the business, whether through a sale, merger, or other means, along with an estimated timeline and potential exit valuations  * Description of the preferred exit strategy and the criteria for triggering an exit  * Timeline for executing the exit strategy, including key milestones and objectives  * Estimated exit valuations, including potential return on investment and factors that may impact the valuation  * Plan for communicating the exit strategy to investors, employees, and other stakeholdersX. Appendices  * Supporting materials and additional information that provide context and background for the business plan  * Marketing materials, such as brochures, flyers, and advertisements  * Relevant research and analysis, including market research, competitor analysis, and industry reports  * Legal documents, such as licenses, permits, and contracts  * Financial documents, such as tax returns, financial statements, and bank statements  * Resumes and biographies of key personnel, including the management team and board of directorsExecutive Summary PromptUse and analyze the information below to create an executive summary for a business for [your business that ChatGPT gave along with the description of the business]Insert Executive Summary information ChatGPT gave youExecutive Summary  * Brief overview of the business idea, target market, competitive advantage, and financial projections  * Detailed description of the product or service being offered and its unique selling proposition (USP)  * Brief summary of the target market, including demographic information and key characteristics  * Overview of the competition and the business's competitive advantage  * Financial projections, including revenue, expenses, and profitabilityBusiness Description PromptUse the above information and the information below to write a detailed Business description for [your business].Insert Business Description information ChatGPT gave youBusiness Description  * Detailed description of the business mission, vision, objectives, legal structure, ownership, and management team  * Business mission statement outlining the purpose and goals of the business  * Vision statement that describes the desired future state of the business  * Objectives that are specific, measurable, achievable, relevant, and time-bound (SMART)  * Legal structure, including the type of business (e.g., LLC, corporation, sole proprietorship) and ownership structure  * Management team, including key personnel, their qualifications, and responsibilitiesMarket Analysis PromptUse the above information and the information below to write a detailed market analysis for [your business].Insert Market Analysis information ChatGPT gave youMarketing and Sales Strategy PromptUse the above information and the information below to write a detailed marketing and sales strategy for [your business].Insert Marketing and Sales Strategy information ChatGPT gave youOperations Plan Prompt Use the above information and the information below to write a detailed operations plan for [your business].Insert Operations Plan information ChatGPT gave youFinancial Projections PromptUse the above information and the information below to write detailed financial projections for [your business].Insert Financial Projections information ChatGPT gave youInsert this as well: My goal is to make in partnership with Antonio T. Smith Jr. $250 million profit for myself. Insert the one month, three month, six month, twelve month, 24 month, 36 month, 48 month, and 60 month sales projections and goals ChatGPT gave you from Prompt #7 Funding Requirements PromptUse the above information and the information below to write detailed funding requirements for [your business].Insert Funding Requirements information ChatGPT gave youRisk Analysis PromptPrompt 1: Use the above information and the information below to write a detailed risk analysis for [your business].Insert Risk Analysis information ChatGPT gave youPrompt 2: Give me a detailed comprehensive plan for mitigating the below risks:[Insert risks ChatGPT gave you]Exit Strategy PromptUse the above information and the information below to write a detailed exit strategy for [your business].Insert Exit Strategy information ChatGPT gave youAppendices PromptUse the above information and the information below to write detailed appendices for [your business].Insert Appendices information ChatGPT gave youPrompts to Present to Investors for GrantsPrompt #1 Using the information above and the information below, write a detailed, in-depth and attractive presentation to present this app for funding from banks and grant organizations:[Tell what the funding is for]Prompt #2 Take this paragraph and include market research, marketing and everything mention above and create an attractive presentation to present this app to any audience to get funding.Prompt for 25-Chapter Book(Prompt #2 from yesterday)I need to write a book that contains 25 chapters on [your subject] and being an empath, and I want to create an app that can coincide with the book. My goal is to use the book as a free lead magnet for the app. In the case of me, we need to nuance this subject with these by having a great focus on:[Enter everything you want]For now, I am only interested in the names of the chapters. Can you list the 25 chapters?Things Needed to Have an Accredited/Certified Coursehttps://cpduk.co.uk/become-accredited Online course has to be a paid courseMust have a certain layoutEach part must have quizzesHave something to download (i.e. ebook)Tell what students need for the course (i.e. book, videos, podcast)Have videos for your courseSupport this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Using ChatGPT for Doctorate's Level Courses, Writing Business Plans, Video Game Development, and Creating In-Depth Podcast Episodes3/27/23Steps for Creating Doctorate Level CoursesGive ChatGPT this promptI would like a doctorate course outline on (whatever you want to learn how to do)Example PromptI would like a doctorate course outline on developing a video game in the Unity Engine. C# will be used as well.After your outline is given, type this prompt into ChatGPT, and copy and paste each bullet point into the prompt:Give me an in-depth doctorate course outline on (bullet point)Once you are given an in-depth doctorate course on each bullet point, take each of those bullet points and give ChatGPT this prompt:Please give me an in-depth education on (bullet point)OpenAI just announced GPT-4, an updated chatbot that can pass everything from a bar exam to AP Biology. Here's a list of difficult exams both AI versions have passed.https://www.businessinsider.com/list-here-are-the-exams-chatgpt-has-passed-so-far-2023-1?op=1#usa-biology-olympiad-semifinal-exam-5 With ChatGPT, Teachers Can Plan Lessons, Write Emails, and More. What's the Catch?https://www.edweek.org/technology/with-chatgpt-teachers-can-plan-lessons-write-emails-and-more-whats-the-catch/2023/01 Business PlanTo get an outline for a business plan, give ChatGPT this prompt:“Give me an outline for a business plan that banks are sure to approve at the top funding rate with low interests.”ChatGPT AnswerI. Executive Summary  * Brief overview of the business idea, target market, competitive advantage, and financial projections  * Detailed description of the product or service being offered and its unique selling proposition (USP)  * Brief summary of the target market, including demographic information and key characteristics  * Overview of the competition and the business's competitive advantage  * Financial projections, including revenue, expenses, and profitabilityII. Business Description  * Detailed description of the business mission, vision, objectives, legal structure, ownership, and management team  * Business mission statement outlining the purpose and goals of the business  * Vision statement that describes the desired future state of the business  * Objectives that are specific, measurable, achievable, relevant, and time-bound (SMART)  * Legal structure, including the type of business (e.g., LLC, corporation, sole proprietorship) and ownership structure  * Management team, including key personnel, their qualifications, and responsibilitiesIII. Market Analysis  * Comprehensive analysis of the target market, including size, demographics, growth potential, competition, and market trends  * Market size and growth potential, including key market segments and their size, growth rates, and potential for profitability  * Demographic information, including age, gender, income, and other relevant characteristics  * Analysis of the competition, including their strengths, weaknesses, and market share  * Overview of market trends, including emerging technologies, consumer preferences, and regulatory changesIV. Marketing and Sales Strategy  * Clear plan for reaching and acquiring customers, including marketing channels, pricing strategy, and sales projections  * Marketing channels that will be used to reach the target market, such as social media, email, and print advertising  * Pricing strategy that is competitive and aligned with the value proposition of the business  * Sales projections, including sales volume and revenue targets for the short- and long-termV. Operations Plan  * Description of the day-to-day operations of the business, including production process, suppliers, inventory management, and logistics  * Production process, including the steps involved, resources required, and quality control measures  * Suppliers, including the sources of raw materials, equipment, and other resources required for the business  * Inventory management, including the management of inventory levels, ordering, and storage  * Logistics, including transportation, warehousing, and distributionVI. Financial Projections  * Detailed financial projections, including revenue and expense forecasts, cash flow projections, balance sheets, and profit and loss statements  * Revenue projections that are realistic and aligned with the sales and marketing strategy  * Expense projections that take into account all costs associated with operating the business, including fixed and variable costs  * Cash flow projections that demonstrate the ability to manage cash flow effectively  * Balance sheets that provide an overview of the assets, liabilities, and equity of the business  * Profit and loss statements that demonstrate profitability and sustainabilityVII. Funding Requirements  * Clear statement of funding requirements, amount of funding required, use of funds, and expected return on investment  * Funding requirements that are realistic and aligned with the financial projections and business objectives  * Use of funds that is clearly defined and demonstrates how the funds will be used to achieve the business objectives  * Expected return on investment that is attractive to potential investors and demonstrates the potential for profitabilityVIII. Risk Analysis  * Assessment of potential risks and challenges, along with plan for mitigating those risks and addressing challenges  * Identification of potential risks and challenges that the business may face, including market, financial, legal, and operational  * Assessment of the likelihood and potential impact of each risk and challenge  * Mitigation strategies for each risk and challenge, including contingency plans and risk management processes  * Plan for regular monitoring and review of risks and challenges to ensure timely mitigation and proactive managementIX. Exit Strategy  * Plan for exiting the business, whether through a sale, merger, or other means, along with estimated timeline and potential exit valuations  * Description of the preferred exit strategy and the criteria for triggering an exit  * Timeline for executing the exit strategy, including key milestones and objectives  * Estimated exit valuations, including potential return on investment and factors that may impact the valuation  * Plan for communicating the exit strategy to investors, employees, and other stakeholdersX. Appendices  * Supporting materials and additional information that provide context and background for the business plan  * Marketing materials, such as brochures, flyers, and advertisements  * Relevant research and analysis, including market research, competitor analysis, and industry reports  * Legal documents, such as licenses, permits, and contracts  * Financial documents, such as tax returns, financial statements, and bank statements  * Resumes and biographies of key personnel, including the management team and board of directorsWhen ChatGPT give you an outline for a business plan, ask ChatGPT to explain each part of the business plan“Make this an outline, put it into bullet points, and make it extremely detailed.”Prompt for a Letter to the 3 Credit BureausCan you write me a letter to the 3 credit bureaus disputing a derogatory item. You can make up any data to fill up the required fields. This is just an example for the students that I am teaching. I simply want to show your capability and what you can do. Keep in mind I want the derogatory removed from my credit.Here's what you should include.Current dateYour information (name, contact info, date of birth and account number)The credit bureau's contact informationA brief description of the error (no need to regale them with a long and complicated story)Any documents you may have that can help prove your point, such as payment records or court documents (make sure to mention that you're sending these in the letter)Instructions about what you want the credit bureau to do (reinvestigate and remove the item from your report)A copy of your credit report with the error highlightedA scanned copy of your government-issued ID (such as your driver's license) and a bill or some other document to prove your addressSample credit dispute letterBob Loblaw123 First LaneAnytown, FL 12345DOB: 01/01/01Account#: 1234-56789TransUnionPO Box 2000Chester, PA 19016May 1, 2018To whom it may concern:I am writing to inform you about an error I noticed on my TransUnion credit report (account number 1234-56789).Date of item being disputed: (add the date of the item here)Description of dispute: (add a brief description of what is showing up on your credit report and why it's wrong here)Enclosure: (list any supporting evidence you're sending along, such as a billing statement or a credit report with the highlighted error)I am requesting that you remove this information from my credit report.Thank you for your help.Sincerely,(sign your name here)Dear Sir/Madam,I am writing to dispute a derogatory item that is listed on my credit report. My personal information is as follows:Name: John SmithContact Information: 123 Main Street, Anytown, NY 12345Date of Birth: 01/01/1990Account Number: 987654321The credit bureau I am disputing this item with is Equifax. The bureau's contact information is:Equifax Information Services LLCP.O. Box 740256Atlanta, GA 30374The item I am disputing is a late payment on my credit card account that is showing up as a derogatory item on my credit report. The date of the item is 03/01/2022. I believe this item is a mistake and should not be on my credit report.I have attached a copy of my credit report with the item highlighted, as well as a copy of my payment records showing that I made the payment on time. I am also attaching a copy of my government-issued ID and a bill to prove my address.I am requesting that Equifax investigate this item and remove it from my credit report as soon as possible.Thank you for your time and attention to this matter.Sincerely,John Smith123 Main StreetAnytown, NY 12345(123) 456-7890Steps for Creating In-depth Podcast EpisodesAsk ChatGPT to write you a podcast outline on your podcast topicAfter ChatGPT give you the podcast outline, take each bullet point and ask ChatGPT to write a detailed paragraph for that bullet pointWrite me an introductory paragraph Welcoming listeners and introducing the topic of the episode: (episode topic)“(Voice and style guide: Use a formal and academic tone paired with sophisticated vocabulary and grammar. Provide a thorough and in-depth analysis of the subject matter. Explain complex scientific concepts in a clear “and accessible way. Use examples from a variety of fields, such as psychology and cognitive science. Present counter-arguments and dissenting opinions in a balanced and objective way.)”Write a concise thesis statement and include "the traditional view of retirement and how it's changing in today's world", and give me every conceivable point in my thesis statement that can be drawn from the information I have given you below. To be clear, it is important to make this a master's degree level thesis statement. The information you will need to accomplish this is posted below. (Enter your podcast outline information below the prompts.)Ask ChatGPT to give you 10 titles from your thesis statement You have inspired me to create a 10-part series. I want to begin first with the 10 titles, but it is important that we draw all 10 titles from my thesis statement below. Can you list the 10 titles for my limited podcast special series? (Insert the thesis statement ChatGPT gave you earlier)Prompt for Developing a Video Game in ChatGPTI would like a doctorate course outline on developing a video game in the Unity Engine. C# will be used as well.ChatGPT ResponseHere is the Gaming Class outline:Module 1: Introduction to Unity and C#* Introduction to Unity Engine* Introduction to C# programming language* Creating a simple game in Unity using C#Module 2: Designing the Game* Conceptualizing the game* Developing the storyline* Designing the game mechanics* Developing the game's visual designModule 3: Developing the Game Mechanics* Developing the stealth mechanics* Developing the resource management mechanics* Developing the decision-making mechanics* Developing the puzzle-solving mechanicsPart 1: Beginner Game Mechanics* Developing the basic movement and interaction mechanics for the player character* Implementing basic AI for non-playable characters (NPCs)* Creating a basic game world with simple assets and terrainPart 2: Gaming Mechanics* Developing the stealth mechanics to include more complex AI and player interactions* Implementing loot-dropping mechanics, including random item generation and inventory management* Expanding the game world with more advanced terrain and environmental featuresPart 3: Advanced Game Mechanics* Developing the resource management mechanics to include more complex systems, such as hunger, thirst, and fatigue* Creating more advanced NPC behaviors, such as dialogues, quests, and factions* Adding additional gameplay mechanics, such as crafting, trading, and combatPart 4: Expert Dynamic and AI-Driven Game Mechanics* Developing more dynamic and AI-driven game mechanics, such as procedural generation of the game world, adaptive difficulty, and advanced AI behaviors* Creating complex and dynamic game events, such as natural disasters, changing weather, and NPC interactions* Implementing advanced gameplay mechanics, such as skill-based progression, character customization, and non-linear narrative designModule 4: Developing the Storyline and Narrative* Writing the game script* Developing the game's characters* Developing the game's world* Integrating the game mechanics with the storylineModule 5: User Interface and Controls* Designing the user interface* Implementing the game controls* Testing and refining the user interface and controlsModule 6: Sound and Music* Creating sound effects* Creating background music* Integrating sound and music into the gameModule 7: Polishing and Refining* Testing and debugging the game* Optimizing game performance* Refining the game's mechanics and narrative* Adding final touches to the gameModule 8: Deployment and Distribution* Preparing the game for deployment* Packaging the game for distribution* Deploying the game on multiple platformsModule 9: Marketing and Promotion* Identifying the target audience* Developing marketing strategies* Promoting the game through various channelsModule 10: Ethical Considerations and Conclusion* Addressing ethical considerations in game development* Conclusion and reflection on the game development process* Presenting the final game to the class and receiving feedback.* Addressing ethical considerations in game development, particularly in the portrayal of sensitive topics such as domestic abuse.* Discussing potential impacts and risks associated with the game's narrative and mechanics.* Analyzing potential player responses and addressing potential concerns.* Conducting user testing to evaluate the impact of the game.* Presenting the final game to the class and receiving feedback.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Junk in, junk out! The financial projections for your dealership are crucial for a healthy operations. Feed it good data to get a good roadmap of where your dealership is going. JB & Chad from MB Accounting share with us the top errors dealers make when forecasting. www.MBAC-Accounting.com Thank you for listening we hope you learned something new. Let us know what you think. -Leave us a review www.theindependentdealer.com Info@theindependentdealer.com Support the businesses that support the podcast. Buckeye Dealership Consulting for all your education and reinsurance needs https://www.buckeyereinsurance.com Primalend, lending options designed for your success https://www.primalend.com/ Please subscribe, leave us a review, and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, independent dealer, automotive, car sales, entrepreneur

Free Forecast TemplateWealth Building Framework Sneak PeekForecasting financials for the next year can be a daunting task. Sometimes it feels like a guessing game or worse, pointless. But after following these steps of the best way to forecast revenue and expenses, you'll have a roadmap to guide you to success the way you want it. Best Way to Forecast RevenueYou are going to start with forecasting your revenue by month.Very first thing is to list out all of the services and products that you currently sell or want to sell in the upcoming year in the template. I'll show you an example in just a second. Here are some questions to consider when thinking through what your revenue is going to be like for next year?·       Are you offering any new services? ·       If you are, when will those be ready? ·       Are you going to rearrange any type of existing services? ·       Are you stopping them all together? ·       How many units of each service do you think you're going to need to sell? ·       And what's your price on those?Best Way to Forecast ExpensesNext, you're going to look at expenses. First, look at expenses directly related to revenue, just those expenses. Now looking at new revenue, think through what expenses are going to be leading up to that new revenue. With a digital course as in the example, there's probably some contractor payments that maybe you'll have before you actually ramp up.It's important to forecast these out in the months they will happen before you have the revenue so that you can see where your cash balance is. After you've forecast expenses that are directly related to your revenue, it's time to go back and look at your historic expenses. What I am not going to do is take an average of my historical expenses and put them in my forecast. That is not forecasting. That's not even budgeting. That's just not good. Don't do it. Look at each and every expense and take the time to determine if the expense helps you keep customers or helps you get new customers. That's an idea I got from a book written by Keith Cunningham.Forecasting Financials is Worth Your Time Proper forecasting does take time. And it's going to be some of the most worthwhile time you put into running your business, because then you'll have a roadmap of what you want to accomplish. And don't stop forecasting and making changes to your forecast until you're happy with the result. Plan each month so you're happy with the net income it's going to offer, you're happy with your take home pay, you're happy with the growth. Do all that on paper first, and now you have this roadmap so that each month you can compare how you did to what you wanted to do. John Briggs | Tax Geniusinfo@incitetax.com801-999-8295Visit our website @ Incite Tax Schedule A CallIRS Sucks T-shirts now for sale @ Incite Shop Follow us on…FacebookLinkedInInstagramTwitterYouTube

TOPIC: Financial Projections --- Send in a voice message: https://anchor.fm/dearbusinessowner/message Support this podcast: https://anchor.fm/dearbusinessowner/support

Fuel is your cloud-based financial department. We do your spreadsheets, graphs, and automations. You get P&L, CF, Financial Projections, Plan/Fact, Unit Economics, and finally, peace of mind. All in familiar to you Google Spreadsheets. Forget about months of integrations and insane setup costs.

In this episode, I break down why financial projections (spoiler) are important for pre-seed stage startups, BUT the reasons why may not be what you think... --- Send in a voice message: https://anchor.fm/launchchat/message

How can a 29-year old founder run her startup from a bomb shelter in Kyiv?Our guest, Alyona Mysko, joined us LIVE from Ukraine to share her startup stories and show us how we can support Ukrainian entrepreneurs.She's the Founder and CEO of Fuelfinance, a cloud-based financial department. They do your spreadsheets, graphs, and automations. You get P&L, Cash Flow, Financial Projections, Plan/Fact, Unit Economics, and peace of mind. All in Google Spreadsheets. Alyona shares stories from the front lines, including how• she's running her startup from a bomb shelter• Ukrainian businesses are adapting to the new reality • Fuelfinance is helping Ukraine right now• the company created a crisis financial plan for clients and themselves prior to the war starting• the team chatted 24/7 during the first week of the war to ensure that every team member was safe• relocated their team from Kyiv during the first week• they sourced a bulletproof vest and armored car for one of their colleagues who joined the Ukrainian army• they continue to build Fuelfinance during wartimePlease support Alyona and her startup by visiting: https://fuelfinance.me/ - watch the video on the home page - it's outstanding and fun!Please support Ukrainian Entrepreneurs here: https://www.uabusiness911.co/ Connect with Alyona and Fuelfinance via these social platforms:LinkedIn: https://www.linkedin.com/in/alyona-mysko-%F0%9F%87%BA%F0%9F%87%A6-39039766/ and https://www.linkedin.com/company/fuelfinance/Twitter: https://twitter.com/fuelfinance_Instagram: https://www.instagram.com/fuelfinance/?hl=enBlog: https://fuelfinance.me/blog/Facebook: https://www.facebook.com/fuelfinance 00:00 - Slava Ukraini!05:00 - meet Alyona Mysko and learn why she will not leave Kyiv07:00 - why Alyona left corporate finance for the founder journey10:00 - meet Fuelfinance - outstanding explainer video example17:00 - how the company created a crisis financial plan for clients and themselves prior to the war starting21:00 - staying in touch with team members during the first few hours and days after Russia invaded Ukraine27:00 - the team members funnel 70% of their salaries to the war efforts32:00 - one of the key strengths of female founders37:00 - how you can support Ukrainian businesses via this link: https://www.uabusiness911.co 44:00 - here's how you can spend in Ukraine: https://spendwithukraine.com/48:00 - how a daily regime and staying productive helps manage the horrors of war54:00 - what the future looks like for FuelfinanceI'm so grateful you carved out time to tune in and grab the gems from our fierce Ukrainian female founder while encouraging her and her team to keep providing their services from the middle of a war zone.Ande ♥https://andelyons.com#Ukrainianstartups #UkrainianEntrepreneurs #StandWithUkraineCONNECT WITH ME ONLINE: https://andelyons.com https://twitter.com/AndeLyonshttps://www.facebook.com/StartupLifew... https://www.linkedin.com/in/andelyons/ https://www.instagram.com/ande_lyons/ https://www.pinterest.com/andelyons/ https://angel.co/andelyons TikTok: @andelyonsANDELICIOUS RESOURCES:JOIN STARTUP LIFE LIVE MEETUP GROUPGet an alert whenever I post a new show!https://bit.ly/StartupLifeLIVEAGORAPULSEMy favorite digital marketing dashboard is AGORAPULSE – it's the best platform to manage your social media posts and presence! Learn more here: http://www.agorapulse.com?via=ande17STARTUP DOX Do you need attorney reviewed legal documents for your startup? I'm a proud community partner of Startup Dox, a new service provided by Selvarajah Law PC which helps you draw out all the essential paperwork needed to kickstart your business in a super cost-effective way. All the legal you're looking for… only without confusion or frustration. EVERY filing and document comes with an attorney review. You will never do it alone. Visit https://www.thestartupdox.com/ and use my discount code ANDE10 to receive 10% off your order.SPONSORSHIPIf you resonate with the show's mission of amplifying diverse founder voices while serving first-time founders around the world, please reach out to me to learn more about making an impact through sponsoring the Startup Life LIVE Show! ande@andelyons.com.STREAMYARD OVERLAYS AND GRAPHIC DESIGNNicky Pasquierhttps://www.virtuosoassistant.co.uk/Visit Nicky's CANVA Playlist: https://www.youtube.com/playlist?list=PLhUDgDHkkma3YhOf7uy8TAbt7HdkXhSjONicky's Canva Presentation Playlist: http://bit.ly/Canva_Present_PlaylistGET VIDEO/AUDIO TRANSCRIBED WITH OTTER.AIhttps://bit.ly/StartupLifeOtter

As cash flow and profit always win the day, it's vital to measure and track your numbers, finances and KPI's, not only be able to accurately project your growth accurately, but by doing so you'll uncover hidden opportunities that - with a small shift - could give you a radical boost to your sales and profitability. Which is why you're gonna get a tonne of value from today's conversation with Adam Hoeksema. Adam has built a successful business helping over 40,000 businesses to see how making small changes can have a dramatic impact on revenue, cash flow and profitability. He does this as the Co-Founder of ProjectionHub, where since launching the company in 2012 with his brother, they provide software, templates and consulting services to create financial projections for investors, lenders and internal planning. Mentioned On This Episode Grab Your Free Revenue Multiplier Calculator Connect with Adam on LinkedIn Connect with Adam Hoeksema on LinkedIn Visit Projection Hub Get My Free Book Conversational Relationship Marketing Get More Free Business Growth Resources on The B2B Growth Think Tank Listener Gift Page  

Asset management software was created for an industry focused on product sales. Is technology keeping pace now the value prop is changing? On this episode of the Elementality podcast, Reese and Matt discuss why traditional planning software is good at projections, but why something new is also needed to provide indicators for ongoing financial health. 

Thank you for joining us today for our TEN Capital Fundraise Launch Program. In this program, we help startups prepare for a fundraise.  We provide templates, tools, eGuides, and advice to founders who are working towards raising funding. We'll kick off the session with a short overview on a fundraising topic, then we'll answer questions from the founders. I hope you enjoy this episode. _______________________________ Thank you for joining us for the TEN Capital Fundraise Launch Program where we help startups prepare for a fundraise.  For more episodes, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out   For Feedback please contact info@tencapital.group Music courtesy of 

Creating Financial Projections or Proforma to help you start a successful and profitable small business. Financial Projections are perhaps the most important part of a Business Plan. It's the only way to project if your business model has the potential to be profitable, and if the business is worth the investment of your time and money. Download a free Financial Projections spreadsheet from the show notes page. Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs.

Adrian Barry and Eoin Sheahan reacted to the GAA's Director of Finance Ger Mulryan releasing financial projections for Proposal A and B ahead of the upcoming Special Congress

In this podcast you'll get a crash course in brewery financial forecasting so that you can create an action-oriented plan to help you improve financial results in your business.Key topics covered in the podcast:How to create a brewery financial pro formaFinancial planning basics - first steps to get the plan on paperKey considerations in building your financial planListen to the podcast and learn how to use brewery financial projections to drive profitable growth in your business. Sign-Up for the Free and World Famous Craft Brewery Financial Training Newsletter

Being able to accurately project your financials is crucial for the startup business. We'll talk you full it.

How To Make A Small Business Plan? Strategic Planning See 1 of 100 New Videos on this topic & more. In fact, our research specifically proves 8 Critical Success Factors for small & medium-sized businesses. Visit www.BestBusinessCoach.ca for more info. Or https://www.members.bestbusinesscoach.ca/success-research/ for more on the research behind it.  Transcript: Traditional business plans use some combination of these 9 sections: 1. Executive Summary. - Brief description of what a company is, the plan & why will it be successful? 2. More Detailed Company Description. 3. Market Analysis. 4. Organization & Management Plan. 5. Service/Product Line. 6. Marketing & Sales Plan. 7. Funding Request. 8. Financial Projections. 9. Appendix/Conclusion. On top of that, make sure you cover the: Situation analysis. The market positioning, marketing objectives & your strategy. I've spent over $50,000 dollars to have the body of research reviewed. To find what makes the difference for small & medium-sized businesses. We found there are 8 Critical Success Factors for small & medium-sized businesses. 1. Self-Efficacy. 2. Strategic Planning. 3. Market Intelligence. 4. Marketing Strategy. 5. Sales Strategy & Skills. 6. Money Management. 7. Business Operations. 8. Business Intelligence. These are 8 things I think belong in your plan because each is critical. I'll give you have a brief overview of them now. But go to BestBusinessCoach.ca for more info on them. 1. Self Efficacy. Is about personal effectiveness. It's the ability to wake up, plan your time & manage yourself to get things done. It's the ability to articulate your vision & goals. To work well with others. This factor is important as it matters to you. Plus everyone in your company. When the people in your company are not being effective. They will not be as productive as they could be. This results in less than optimal performance. Self-efficacy is the pillar everything stands on. Because if the people in your company aren't getting anything done... You're not going anywhere. 2. Strategic Planning. This is important. For example, No one is selling pet rocks anymore. But once upon a time, they were a trend. It was an easy thing to sell. There were a lot of knock-offs. But it was a trend and then disappeared. A strategic plan makes sure there's longevity in what you're doing. It makes sure what you're going to offer is not redundant. Or not about to be redundant. A strategic plan ensures you are jumping in a swimming pool with water. It'd surprise you how many people start businesses doomed to fail. Like jumping into a pool with no water. They did not check first. 3. Market Intelligence. This knowing who the competitors are. What other options are available for consumers. What do consumers like/dislike? What do consumers want? What are the problems the existing products solve? Or What problems are not getting solved? All this know-how comes into market intelligence. 4. Marketing Strategy. A way to communicate with people. Where are they? How will you approach them? How will you get their attention? Indicate who's interested or not? How are going to find them? What does someone interested do? Where do you hand off to the sales team? What's the marketing strategy? Is there a process? How are going to share your message with the world? 5. Sales Strategy & Skills. These are similar. Sales Skills + Sales Strategy. If you have the wrong strategy, the best salesperson might fail regardless. But, even if you have a great strategy. If the person has no sales skills, they may not be able to execute it. Those 2 things are similar. It's a gray area where the sales strategy ends & the sales skills begin. Vice versa. The good news is, marketing hands off to sales. It can guide your strategy. How those 2 have to play. 6. Money Management. Poor management of funds can kill a business. Even if you have great funding behind you. If it's mismanaged, it will not work out. Money to a business is like gasoline to a car. It helps fuel where you want to go. For example: Money will fix repairs. It will pay to bring in new people. Pay for equipment. Pay for access to an event/person, or intellectual property. Money management is critically important. 7. Business Operations. Training schedules. Meeting rhythms. Planning sessions. Where is all your documentation on how you do what you do? Is there documentation? Human resources. All the glue holding things together. Consider business operations as the glue between things. For example: If you have to abide by certain laws. Like government regulation. That's part of the operations for your business. That's a function you need to do to operate. It's like manners. Manners are the grease between human interactions. They eliminate friction. Manners help reduce friction in human interactions. This is what business operations are for. It's the grease in the wheels. Does management meet once a year? Is it productive? How far behind will you fall if you're only meeting once a year? Versus every week. When you hire people, how do you hire them? Is there an onboarding process? Those are all under operations. Are you legally compliant? Etc.. 8. Business Intelligence. These are the feedback loops to update you on how you're doing. They track leading & lagging factors. For example, everyone wants to track sales. Sales are important, but customer satisfaction is also important. Customer satisfaction can lead to repeat sales & referrals. Meaning, customer satisfaction would come before repeat sales & referrals. Therefore, customer satisfaction would be a leading factor. Sales the lagging factor. How many repeat sales do you get? How many referrals do you get? Business intelligence is about the feedback you're getting. Do people like your content? Are they engaging? Are customers happy? How are your staff? Business intelligence is all those things. It's about being able to hold up a mirror. See yourself how the world sees you. Those are the 8 factors. It's a brief overview. If you would like to know more about the 8 Critical Success Factors go to BestBusinessCoach.ca. You'll also see more videos to questions like this. My goal is to answer a thousand questions just like this. So, go to BestBusinessCoach.ca. See you there!  

When you're in the season of your business where you’re ready to scale, whether you're one person or a company of 10 or 100, you've got to start thinking about doing financial projections. However, a financial projection is not just about cash flow forecasting. There’s actually more to it than that.  In this episode, we dish out the five baby steps to doing financial projections for your online business.  Every business has its own ebb and flow. That’s why it’s important to have this as part of your regular process so you’re able to predict and realize your future.  In this episode, you will hear: When to start doing financial projections The 5 baby steps to financial projections What to predict in doing financial projections The time frames of financial projections Subscribe and Review Have you subscribed to our podcast? We’d love for you to subscribe if you haven’t yet.  We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you really enjoyed this episode, we’ve created a PDF that has all of the key information for you from the episode. Just go to the episode page at www.profithero365.com/payplayprofit​ to download it. Supporting Resources: ProfitHERO™ The IRS Is NOT Your Boss, So Stop Acting Like It!  Book: Profit First by Mike Michalowicz Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com

When I learned this took...it changed my life and businesses! I create an annual plan every year and a quarterly plan every quarter for the past 10 years. That is 50 plans...YUP! And after creating 50 plans, I've learned a few things.  Here are the 3 biggest mistakes being made when creating your quarterly or annual plan:Not writing one in the first place! Thinking that keeping it in your head is working. Believing that it has to be perfectly executed.Not placing your plan somewhere in your environment so you can see it everyday.  

I know this can be a really scary topic to talk about which is why a lot of newer entrepreneurs might avoid it altogether! It's common to feel overwhelmed to look at your finances because you don't have a lot of experience in this or you don't have a bookkeeper or an accountant to help you. However, when you're starting to scale is — it's so important to get familiar with your numbers and to just play with your numbers when you're making goals!

With a fresh, new year just around the corner, what’s your 2021 financial planning picture looking like? In this episode of Your Retirement Solution Podcast, Jim Black not only reviews how 2020 impacted the stock and financial markets, but he also discusses important financial components you must consider as we roll into the new year.  In this episode, you will learn: Jim’s take on how The Retirement Solution has helped clients navigate through the COVID-19 pandemic  Ways the market impacted small and large businesses in 2020, and what the stock market projections are for 2021  The role of the market when it comes to the 2020 elections and Jim’s insight on doing things differently during or after election years Company announcements for 2021 And more! While 2020 was full of ups and downs, tune in today to discover how creating a financial plan can help you prepare for whatever 2021 has in store for us. Resources: The Retirement Solution   DA-001776.1

Walkthrough of my open-source model for Tesla's 2021 financials. From vehicle deliveries, to revenue, gross profit, EBIT, to cashflow, I cover all my projections for Tesla's next 5 quarters. Between increasing FSD prices, and ramping production, Tesla's intrinsic earnings power appears to be compounding at 100%+.

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Depreciation represents the reduced value of assets. Each asset in your business has its own useful lifetime.   Based on that useful lifetime, one can expense a portion of the value each year over the life of that asset.   Depreciation goes on the profit and loss statement and also impacts the value of the asset listed on the balance sheet. Computers for example are often depreciated over a four-year timeframe. If you spent $16,000 on computers and they last four years, then a straight-line depreciation will expense $4,000 per year.  You’ll need to set up a separate worksheet for each asset to calculate and track the depreciation.   You then place the expense on the profit and loss statement and show the reduced value of the asset on the balance sheet. Based on the type of asset, you may be able to use other depreciation methods aside from straight-line depreciation.   You’ll need to check the IRS rules for each asset as they have stated requirements for how you depreciate each type. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Your financial projections will be important for your fundraise. Banks will want to see your projections when you apply for a loan.  And investors will want to see them as well when you raise equity funding.  There are two basic forms of capital:  debt and equity. Debt is in the form of a loan with specific terms, including interest rate and payback plans.  Debt has some advantages: You maintain ownership over your business. Interest is tax-deductible. Debt can keep management focused on the core business, in particular cash flow and profits. Equity has advantages: You don’t have to pay it back immediately, only when you sell the business or go public. Your financial projections will help you decide how much funding you should take from debt and equity. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Operating expenses are the day to day expenses a business incurs. They support the operational side of the business covering sales, marketing, product development, and administration. These expenses include legal, digital marketing, payroll for employees, accounting, rent, insurance, IT costs, office supplies, bookkeeping services, phones, computers, and more.  Recurring expenses, such as sales and marketing expenses, are often defined as a percent of revenue.  These include software subscriptions, advertisements, promotional material, and dues. Build an operating expense budget with a bottoms-up approach by costing out the individual components such as employee cost, administration, and IT, as each expense will be specific to your business.  Over time, these costs will grow at a lesser rate than sales, which will increase the profit of the business.  Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. For later-stage startups with revenue, one can use the financial projections to estimate the company’s valuation for fundraising purposes.  Discounted cash flows, called the DCF method, values the company based on future cash flow projections.  This weights the value of the company on future revenues rather than today’s revenues. The DCF method is purely a financial valuation method and does not take into account other factors such as the team, intellectual property, or sales activities that have not yet been realized with cash flows. Your financial projections should have the key elements including projected cash flows, a chosen discount factor, and a net present valuation of the free cash flows to generate the DCF valuation. It’s just one more valuation tool. Predicting cash flows in the future can be difficult given the sales process is not fully in your control. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Your financial statements will generate a wealth of metrics on your business. Investors want to know these metrics - also called KPIs - which stands for Key Performance Indicators. You can use the metrics to also manage the business and identify new opportunities for growing your sales and reducing costs. Metrics also help you focus your efforts on the important things.  Key metrics for the overall health of the business include sales growth, gross margin, and profitability. For cash flow, you’ll find burn rate, runway, and fundraise requirements will be useful. For recurring revenue, businesses measure cost of customer acquisition and track lifetime value of a customer, as well as churn rate.  Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In preparing your financial projections, you’ll need to account for investments into assets, also called capital expenditures. These include real estate, intellectual property, equipment, facilities, and buildings.  Assets also include computers, servers, and office equipment. Assets are listed separately, as you depreciate the cost over a period of time in the profit and loss statement. The IRS has specific rules as to how you can depreciate each type of asset so you’ll need to check to see how to list the equipment in your financial projections.  Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Working capital is the capital you need to run the daily operations of the business and includes anything that can be converted to cash.   This includes cash, accounts receivables, and inventory.   Accounts payable reduces your working capital as you must pay it out each month. Payment terms and timing of cash inflows and outflows impact your working capital. There’s typically a delay between the time you build and deliver a product/service and when payment of funds arrive. As we discussed before, cash is king, and running out of cash can shut down a business. It’s important to know your working capital position at all times. Working capital is calculated as the number of days your sales and payables are outstanding.   To calculate your current working capital, take your annual revenue and divide by your payment terms. Place this on the balance sheet.  Also include the number of days you hold inventory before using it.  If your working capital is insufficient, there are numerous financing options to fill the gap. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up for your financial projections model, personnel is straightforward to forecast. Each employee has a salary, benefits, and payroll taxes.   Payroll taxes are a calculation off of the salary.  Commissions need to be included but are variable expenses related to sales.   Benefits include things such as healthcare, retirement plans, and the like, and are defined by your providers. As you grow headcount, it’s clear how much the budget will increase.  Those related to the product production and delivery will go into the COGS section.  Those related to sales, marketing, research and development, and administration, will go into the operating expenses. You may want to divide the personnel into divisions such as sales, marketing, and product development.  You can keep the contractors in a separate category as well. For part-time employees, compile them into an FTE or full-time equivalent employee for the calculation.  A key metric is revenue to number of employees. Check your number against your industry standard. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. For sales forecasting, begin with your current sales funnel and revenue history. The more you know about your sales process -- lead generation, conversion, and time in funnel, the more accurate the forecast will be.  Use your current sales process for the first two years and then switch to your growth initiatives in years three to five.  If you are in a space with competitors with similar businesses, you can look at the ramp rates for those businesses to find the ballpark of sales growth you may achieve. If your business has a core driver such as number of design-ins, then you can use this to drive the sales forecast.  If you have multiple products, you can list each product separately with its own revenue stream. If you have a recurring revenue business, then you can start with your current customer base and add new customers at your current growth rate and include the churn rate. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Any financing you have must also be accounted for in the financial statements.   You’ll need to set up a tab in your spreadsheet to capture the details of a loan, or other types of financing such as accounts receivable financing. This includes the terms of the loan, the principal, and the interest to be paid.  Include in your profit and loss statement the payments of the loan under operating expenses. For revenue-based funding, set the payback calculation off of the monthly revenue.  For line of credit financing, calculate the amount needed from the profit and loss row and add that into your monthly payments. Equity investments will go into the cap table and will not show up on the profit and loss statement. It’s not unusual to have several forms of short-term debt financing and it’s important to review each to see which one fits your business needs. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Cost of Goods Sold, called COGS forecasting, represents the cost to build and deliver your product or service. This includes the cost to build the product or hours to deliver the service.  In most cases, COGS is a function of sales. The more sales, the more COGS. If you have a unit that drives your sales forecasts such as a physical product or service program, then you can calculate what it costs to deliver on each one. An interesting KPI will be Gross Margin which is the amount of revenue left over after subtracting out the COGS. This is often expressed as a percentage. For recurring revenue businesses, there are hard costs such as hosting, customer support, online payment, and other related costs. These costs must be incurred to deliver the product or service.  For consumer product goods, a healthy gross margin is 40% or greater.  For recurring revenue, a healthy gross margin is 70% or greater. For businesses with multiple products, you may want to split out the COGS by product line. For businesses with one product, you may want to forecast COGS on the total revenue level. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. All businesses must pay taxes, including startups. Taxes include payroll and social security taxes which are based on the salary of employees and paid monthly. Even if your business is not yet profitable you still must pay these taxes.  Contractors pay their own payroll taxes and receive a 1099 Form from you at the end of the year.  Income taxes are taken from the results on your profit and loss statement. You can check with the IRS on the current tax rates.  You can carry forward losses from one year to the next. You’ll need to set up a separate tab in your spreadsheet to track carryforwards.  Check with your accountant about setting up quarterly tax payments if you are running profits. If you file as an LLC and take an S-Corp designation, then your business taxes will be transferred to your personal taxes. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. After completing the financial projections, you may want to create various scenarios of your financial model.  Startups are often optimistic, while investors are pessimistic. You may want to create a best-case scenario and a worst-case scenario. For the worst-case scenario, keep your revenue at the current level or only with small increases. Check your cash position and runway and adjust the expenses and fundraise plan accordingly. For the best-case scenario, use the revenue targets you have in mind. Check your cash position and runway and adjust the expenses and fundraise plan accordingly. Here are several common errors: As sales grow, so do sales costs - in particular commissions. Make sure these costs are included with the revenue ramp. Fundraises typically take longer than expected. For every $1M of funding you seek, it will take you one calendar year to raise it. Include your working capital needs for your fundraise planning and its impact on cash position. Founders typically work long hours for little to no pay. This is not true with non-founders. Make sure you include reasonable salaries for the work you expect from others.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Financial projections also called the pro forma, is a key document you’ll need for your fundraise.  Investors will want to see detailed, five-year financial projections as it shows you’ve thought through the financial side of the business.  Financial projections are not about predicting the future with great accuracy, instead it shows the causality and interdependencies of your business. It answers questions such as: If sales increase by 2X, what is the impact on costs? If sales drop by 50%, what happens to cash flow? A quality financial projection shows investors you know your business and have a good idea about what things cost and what customers will pay. Investors also glean from the financials how you are going to use the funds. Financial projections typically go out 3 to 5 years and contain substantial detail on the spreadsheet portion. It’s not a good idea to copy and paste the spreadsheet into your pitchdeck as it comes out unreadable. Instead, show a graph of revenue, costs, and profits and call out 3 key metrics such as time to cash flow positive, gross margins, and growth rates. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group

This week we're continuing with our analysis of the Investment Summary, the all in one marketing package for any real estate deal. We go into financial projections and how to understand the equity multiple and how that plays a role in your toll returns. At the core of every investment is the financials. It comes down to the business plan, the expenses and how the projected income will play a role together in achieving the returns that are being projected by the sponsor.  It's super important to understand how these financials work and how they affect you and the investment you're involved in. So join the community and grab this free information that can help you gain even more knowledge when it comes to your investment strategy. KEY TAKEAWAYS1. At the core of every investment are the financials. We look at how the expenses and projected income are going to work together to deliver the type of returns that are being projected by the sponsor. 2. When looking at the investment summary you should be asking questions such as: What is the exit cap? What are the reserves that the operator has in place? What construction projects are they going to do? How conversative are the projections?3. It's vital to know what your investing goals are so you can analyze whether the answer to your questions align with those goals. 4. Real estate investing doesn't fail simply due to the economy, it fails when operators can't pay the bills when the economy isn't what they expected it to be. So make sure there's enough reserves/capital to provide security in the deal.5. The equity multiple: how quickly are you going to double your money and at what multiple are your returns going to be at? A longer timeframe relates to a safer lower return investment and a shorter period generally indicates a higher more lucrative risk.6. It's easy to fall into the trap of just wanting the highest return but what you want to ask is: How does the return I'm going to receive relate to the risk I'm taking to get said return?BOOKSThe Passive Investing Playbook - https://theinvestormindset.com/passiveLINKSLearn more about investing with Steven at https://theinvestormindset.com/invest

Jesse Randall, Partner at Citrine Capital Partners explains who should take time to draw financial projections and at which stage one should do that. We also talk about what should go into those projections and how to get the first traction for those projections. Sweater Ventures - become a venture capitalist: https://www.sweaterventures.com/ Acquired by Lyft in less than a year: https://www.fundraisingradio.com/Kenan-Saleh/ Video of our interview: https://www.youtube.com/watch?v=u93aceqknN0

Carlee Breymeyer, credit director with Farm Credit Illinois, walks us through the known and unknown variables farmers should apply to their cash flow projections this year, including government loan programs and forward marketing figures during the coronavirus pandemic. Listen to the podcast for guidance on creating the most realistic picture of your financial standing. Contact your local FCI office for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It may be hard to argue with this new ETF investing thesis, but are these the right stocks? Today's Stocks & Topics: Bank Stress Test, COVID & Good News, Consumer Spending & Income, AL - Air Lease Corp., VIAC – Viacom CBS Inc. Cl B, ILPT - Industrial Logistics Properties Trust, FR - First Industrial Realty Trust Inc., Growth Stocks, AMZN - Amazon.com Inc., FMCI - Forum Merger II Corp. Cl A, Financial Projections, AAPL - Apple Inc., MKL - Markel Corp. TRIVIA QUESTION: "What is the estimate for the number of OIL WELLS drilled each year in the United States? AND-- HOW MANY barrels of petroleum PER DAY, for decades, have been produced by the World's Most Productive Oil Field?" Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold and Treasury Yields. Support this podcast at — https://redcircle.com/investtalk-investment-in-stock-market-financial-planning/donations Advertising Inquiries: https://redcircle.com/brands

Catch up on the most important news today in 2 minutes or less. Get even more news you can use with the Tech in Two newsletter. Sign up here: https://www.wired.com/tt

Yes you do. Financial projections provide potential lenders the information they require to make an informed decision regarding the future financial success of your new venture. You need to know these three things to ensure your financial projections are acceptable to the lender. First, your financial projections must span a minimum of 3-5 years.

Credit title: Subject Matter Expert: Yuniarty, S.E., M.M.S.I Dokumenter: Binus University Uploaded by: Knowledge Management and Innovation Binus University

John De Goey is a portfolio manager at Industrial Alliance Securities. He’s also an author and a recognized Canadian authority on the subject of professional, transparent, and evidence-based financial advice. John has received numerous awards for his contributions to the financial planning field, including the Donald J. Johnston Lifetime Achievement Award. He’s also been named one of the top 50 advisors in Canada by Wealth Professional magazine. In today’s episode, John will be talking about the assumptions advisors need to make when developing financial projections. Tune in to the episode to hear what John has to say about the key assumptions an advisor needs to make before developing any financial projections and advisors’ biggest mistakes when making assumptions. John will also share some information about his upcoming book. Topics Discussed in this Episode: The key assumptions an advisor has to determine before developing any financial projections for their clients How to come up with reasonable assumptions about the rate of return The biggest mistakes that advisors make about assumptions How advisors can keep clients accountable How different expenses can change as clients age How taxes can affect the rate of return The difference between nominal rates of return and real rates of return The rates of return for income How it’s possible for the real rate of return on income to be negative How to approach adjusting long-term projections for different types of clients How to adjust long-term projections to meet the needs of clients with short-term needs John’s new book about the financial advisory industry, coming out in late 2018 Links: John De Goey John on Twitter Projection Assumption Guidelines The Professional Financial Advisor III: Putting Transparency and Integrity First Quotes From John: “The thing that I think is most important, and this is where the rubber hits the road, is the rate of return that you should be expecting when you actually do these projections.” “I don’t think it serves anyone&rsq

In this, the third episode of Financially Simple, Justin talks about the foundations of running a Small Business – the Business Plan, and how to go about creating one to achieve the goals Owners have for their Businesses. Whether you're just starting out, or already running your own Small Business, having a Business Plan in place will help you achieve your results and goals by laying the foundations for a successful enterprise. Reviewing the Business Plan, and setting targets will ensure that the business keeps on track and adapts to changes along the way. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TRANSCRIPT: A Business Plan: Its Purpose in Building a Sellable Business – Post #3   TIME INDEX: 00:32 – Business Planning, a Recurring Foundation 00:57 – Cowboys, Rodeos, and Small Businesses Foundations 05:13 – Recurring Foundations, Annual Business Planning 05:35 – What Is a Business Plan? 05:50 – The Company Description 06:09 – Market Analysis 06:52 – Organizational Structure 08:30 – Product/Service Line 09:40 – Marketing 11:09 – Funding 12:37 – Financial Projections 15:08 – Pro-forma Requirements for Selling 17:49 – Appendix 18:09 – The Summary 19:10 – Why Develop a Business Plan? 21:32 – In Conclusion For more in-depth reading about this podcast series, pick up a copy of Justin's new book: The Ultimate Sale USEFUL LINKS: Financially Simple Financially Simple on YouTube  _________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute's Exit Planner Leader of the Year.DISCLOSURES:This podcast is distributed for informational purposes only. Statements made in the podcast are not to be construed as personalized investment or financial planning advice, may not be suitable for everyone, and should not be considered a solicitation to engage in any particular investment or planning strategy. Listeners should conduct their own review and exercise judgment or consult with their own professional financial advisor to see how the information contained in this podcast may apply to their own individual circumstances. All investing involves the risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Investment advisory services offered by WealthSource Partners, LLC. Neither WealthSource Partners, LLC nor its representatives provide legal or accounting advice. The content of this podcast represents the views and opinions of Justin Goodbread and/or the podcast's guests and do not necessarily represent the views and/or opinions of WealthSource Partners, LLC. Statements made in this podcast are subject to change without notice. Neither WealthSource Partners, LLC nor its representatives, the podcast's hosts, or its guests have an obligation to provide revised statements in the event of changed circumstances. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes the use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.   Advisors who wished to be ranked in Investopedia's Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers.  Rankings were determined based on the number of followers and engagement on social media, primary contribution to professional industry websites, and their focus on financial literacy.  Neither performance nor client experience, however, were considered.  No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia's Top 100 Financial Advisors List.   The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk-taker and specialist while showing characteristics of collaboration.   This podcast might recommend products or services that offer Financially Simple compensation when you use them. This compensation is used to help offset the cost of creating the content. We will, however, never suggest products/services solely for the compensation we receive.

In this podcast we talk about what financial projections are and how to use the bottom-up approach to make projections. For more insights check our resources: https://www.equidam.com/financial-projections-bottom-up-approach/ Find out how much your company is worth for free and in minutes on: https://www.equidam.com/

This podcast talks about the second approach to financial forecasting - top-down approach, and we also work out an example. For more insights: https://www.equidam.com/financial-projections-top-down-approach/ Compute your company valuation for free and in minutes on: https://www.equidam.com/

Welcome to Episode 217 of the Success in Business Podcast, your host Tom Ryan is joined by co-producer Natalie Pyles. This episode is Part 2 of 2, where Tom and Natalie interview a dynamic, husband-and-wife entrepreneurial team, Tammy and Stewart … Continue reading →

Welcome to Episode 217 of the Success in Business Podcast, your host Tom Ryan is joined by co-producer Natalie Pyles. This episode is Part 2 of 2, where Tom and Natalie interview a dynamic, husband-and-wife entrepreneurial team, Tammy and Stewart … Continue reading →

This portion of the program will introduce some financial projection techniques based on actual business experience.

Bruce Kirsch, Founder of REFM, discusses how to improve your financial modeling on investment decisions.

Evelyn Bowden will outline the basic requirements for seeking outside funding for your small business, and explain the 5C's of Credit.   She will also talk about the importance of the Business Plan.

Panache is an alcoholic beverage company specializing in the development, global sales and marketing of spirits brands. Panache is following a unique “build and exit” business model. Existing portfolio contains three brands: Wodka Vodka, Alchemia Vodka and Alibi Whiskey. Investment Highlights: $10 million backlog for “Alibi American Whiskey” announced in December 2012 – exclusive two year national distribution agreement with Domaine Select Wine Estates, LLC Major spirits companies have largely abandoned grassroots developments of brands -  now favor an “acquire to grow” philosophy Panache’s niche is “build and exit” - development and global sales and marketing of unique spirits brands for acquisition Panache became import company of record for premium vodka 42 BELOW in late 2004 - Bacardi purchased the brand for $91 million two years later (representing a gain on sale of $71 million) $970 Billion Global Alcoholic Beverage Market – US is most important liquor market in the world, and this management team knows how to exploit it for maximum shareholder value 30-page Research Report Details Unique Business Model, Industry, Valuation... plus Income Statement and Financial Projections thru 2016.

Panache is an alcoholic beverage company specializing in the development, global sales and marketing of spirits brands. Panache is following a unique “build and exit” business model. Existing portfolio contains three brands: Wodka Vodka, Alchemia Vodka and Alibi Whiskey. Investment Highlights: $10 million backlog for “Alibi American Whiskey” announced in December 2012 – exclusive two year national distribution agreement with Domaine Select Wine Estates, LLC Major spirits companies have largely abandoned grassroots developments of brands -  now favor an “acquire to grow” philosophy Panache’s niche is “build and exit” - development and global sales and marketing of unique spirits brands for acquisition Panache became import company of record for premium vodka 42 BELOW in late 2004 - Bacardi purchased the brand for $91 million two years later (representing a gain on sale of $71 million) $970 Billion Global Alcoholic Beverage Market – US is most important liquor market in the world, and this management team knows how to exploit it for maximum shareholder value 30-page Research Report Details Unique Business Model, Industry, Valuation... plus Income Statement and Financial Projections thru 2016.

EnerJex is an E&P company with producing assets located in Eastern Kansas and South Texas. The Company is focused on the acquisition and development of shallow oil properties that have low production decline rates and offer abundant drilling opportunities with low risk profiles. Investment Highlights: Achieved 97.6% Drilling Success Rate - drilled 123 economically successful oil wells out of 126 wells drilled in its Kansas plays. Hundreds of Low-Risk Shallow Oil Drilling Opportunities Identified on Existing Properties - cash on cash IRR's on these wells often approaches or exceeds 50%. Shares currently trading at 50% discount to market value - ENRJ closed at $0.60 per share on Monday 4/1/2013. Market value projected to be $1.21. 29-page Research Report Details Current Market Valuation... leasehold positions, plus Income Statement and Financial Projections thru 2016.

EnerJex is an E&P company with producing assets located in Eastern Kansas and South Texas. The Company is focused on the acquisition and development of shallow oil properties that have low production decline rates and offer abundant drilling opportunities with low risk profiles. Investment Highlights: Achieved 97.6% Drilling Success Rate - drilled 123 economically successful oil wells out of 126 wells drilled in its Kansas plays. Hundreds of Low-Risk Shallow Oil Drilling Opportunities Identified on Existing Properties - cash on cash IRR's on these wells often approaches or exceeds 50%. Shares currently trading at 50% discount to market value - ENRJ closed at $0.60 per share on Monday 4/1/2013. Market value projected to be $1.21. 29-page Research Report Details Current Market Valuation... leasehold positions, plus Income Statement and Financial Projections thru 2016.