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Financial Planning
For Startups
It all starts with the end in mind
How you do you do expense calculations?
The idea is to list all the activities and cost associated with
each activity i.e; fee/subscriptions, human resources, etc. Then,
cut down unnecessary activities to bring down the cost of
startup
There is no harm in expanding the cost but, one needs to be
realistic when it comes to raising finances to fund startup
activities
Lastly, one should have short term objectives in line with long
term objectives.
Have a weekly/monthly Flowchart of activities with expected
fruition time. Better forecasting helps startup plan better for
the future.
Personal Finances
Friends & Family
Angel Investors
Equity Financing
Bank Loans
Venture Capital Firms
Business Plan Competitions
Government Grants & Funds
Incubators and Startup Accelerators
Sources of Funds For
Startups

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How to Do Financial Planning for Startups? | Finances For Startup Business | Startup Financial Plan

  • 2.
  • 3. It all starts with the end in mind
  • 4. How you do you do expense calculations?
  • 5.
  • 6.
  • 7. The idea is to list all the activities and cost associated with each activity i.e; fee/subscriptions, human resources, etc. Then, cut down unnecessary activities to bring down the cost of startup There is no harm in expanding the cost but, one needs to be realistic when it comes to raising finances to fund startup activities
  • 8. Lastly, one should have short term objectives in line with long term objectives.
  • 9.
  • 10. Have a weekly/monthly Flowchart of activities with expected fruition time. Better forecasting helps startup plan better for the future.
  • 11. Personal Finances Friends & Family Angel Investors Equity Financing Bank Loans Venture Capital Firms Business Plan Competitions Government Grants & Funds Incubators and Startup Accelerators Sources of Funds For Startups