VI Course Planning Week 9-10

Organize Your Business Financially

You next move onto a series of decisions and tasks that will organize the financial management of business.

By the time your complete your planning work over the next two weeks, you will have put into place a solid financial management system to help guide your growing business.

See below the specific planning tasks you will complete during each of the two weeks.

During Week 9, you will:

1. Create a spreadsheet showing your expected operating expenses, month by month.
2. Examine your need for capital to start and run your business during its first year.
3. Set your prices/fees.

During Week 10, you will:

1. Set up your accounting system.
2. Set up your business banking.
3. Complete a one-year profit and loss projection.