In this session you will learn: - How to maintain healthy cash flow during each stage of the business. - How to calculate the breakeven point when starting a new business. - Forecasting business growth and estimating funding required to achieve growth objectives. - What type of funding is most appropriate for each stage? - How does cash ‘flow’ through a business – the cycle of making a sale or winning a contract, mobilizing to purchase materials, perform work, or hire labor, and collecting payments? - When and why would a business owner need different financial products? E.g., Loan vs. Line of Credit
Speaker(s): Moderator: Alyssa Mako Panelists 5/3 Bank - Ed Timberlake Institute Capital - Will Taylor
Co-Sponsor(s): WBCC / SBTRC / Institute Capital
Fee: No Cost
The Women's Business Centers of Charlotte and North Carolina are funded in part through a cooperative agreement with the U.S. Small Business Administration and are members of the Association of Women's Business Centers. The Women's Business Center of Charlotte is funded in part through a cooperative agreement with the City of Charlotte.