[FW-ENG-07] Finances
(Kröll, M.)

The initial question for the seventh learning sprint of the founders’ workshop is as follows: How do you ensure the financing of the implementation of your business idea (see figure 1)?

4 PARTICIPANTS ENROLLED

LEARNING OBJECTIVES

This learning sprint has the following learning objectives:

The mentees can…

  • determine the composition of the price for their product/service.
  • design an adequate calculation of their costs and carry out a break-even analysis.
  • identify sources of funding for their business idea.
  • explain and justify possible investment decisions.

In learning sprint 4 you have already determined the price of your product/service by calculating your costs. Now you need to get an overview of your financial situation. In order to get as realistic an estimate as possible, it is best to use the Excel templates provided. You can address the following aspects.

Sprint Content

7.1 Capital requirements plan
7.1 Capital requirements plan EXPIRED
Financing needs UNLIMITED
7.2. Financing plan
7.2. Financing plan EXPIRED
Financing UNLIMITED
7.3 Profitability planning/income forecast
7.3 Profitability planning/income forecast EXPIRED
Profitability planning/income forecast UNLIMITED
TAKE THIS SPRINT
  • 2 hours, 46 minutes
  • 27 SEATS
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The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained there
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This work by Martin Kröll, IAW/RUB is licensed under CC BY 4.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/4.0/
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