Most of the Startup Founders that I have coached / consulted till now have given me a dazed and confused look when I have asked them “How much Funding do you need?”.
And I completely understand the sentiment behind this challenge. Especially, as a non-finance person myself, I understand that playing around with numbers is a pain. However, when I actually went to do it, I realised it involves just 2 skills – logic and simple arithmetic.
So much so, that I put all my workings into a Google Sheet and created a Startup Business Financials Template at the request of many Startup Founders, so that they could just key in their numbers and get an idea about projected Expenses, Revenue and PnL Statements. Powered with that information and the money that they can use for Self Funding their Startup , they would have an idea of exactly how much Funding is needed, based on the deficit. For that matter, even if you are going on the self-funded path this can help you align your finances with your goals.
Disclaimer : You will still need a Finance Expert to work this out with you. This is just from the Knowledge Point of View
It is very important to get an idea about projected Expenses, Revenue and PnL Statements for your Startup Initiative.
Powered with that information and the money that you can use for Self Funding your Startup , you would have an idea of exactly how much Funding is needed, based on the deficit. For that matter, even if you are going on the self-funded path this can help you align your finances with your goals.
Here's what you will learn :
Assessing the Addressable Market Size
How much Funding do you need?
Estimating Valuation
Term Sheet
Fundraising Levels and knowing what applies to you
Where to find investors?
Finding the right investor match
Negotiation with Investors
Crafting the Investor Pitch Deck
Workshops with Templates
