Financial Planning for Startups
An introduction to basic financial forecasting, budgeting, and funding options for new ventures. Students evaluate sources of capital available to Australian entrepreneurs.
About This Topic
An introduction to basic financial forecasting, budgeting, and funding options for new ventures. Students evaluate sources of capital available to Australian entrepreneurs.
Key Questions
- What are the initial costs involved in starting a business?
- How do entrepreneurs forecast revenue and expenses?
- What are the pros and cons of different funding sources like venture capital or bootstrapping?
More in Innovation in Practice
Prototyping and Minimum Viable Product (MVP)
Students develop low-fidelity prototypes and understand the concept of a Minimum Viable Product. They explore iterative design based on user testing.
2 methodologies
Pitching and Communicating Ideas
Students learn the art of the business pitch, focusing on persuasive communication and storytelling. They prepare and deliver a pitch for their own innovative concept.
2 methodologies