On at the moment’s episode we talk about methods to mission funds and revenues for future and methods by which people and enterprise house owners can arrange techniques to successfully calculate future money flows. We additionally go over how enterprise house owners can generate a gentle revenue.
Our query for at the moment’s episode is from our scholar, Jimmy, who’s securing a SBA mortgage and needs to calculate the following 3 yr cashflows. Jimmy can also be getting began on his drone enterprise and needs to know easy methods to generate a gentle revenue in a drone enterprise.
Thanks Jimmy for the query. We delve into understanding how enterprise can plan their ahead trying projections by means of rational means and assumptions. We emphasize how enterprise house owners can plan and calculate revenues from providers and items whereas additionally understanding easy methods to calculate and establish bills by means of ChatGPT and AI. Rob explains how enterprise house owners can develop instruments to supply rationale for providers and the way you cost shoppers in your small business.
Rob additionally shares his Spreadsheet Calculator that he used for growing a projection mannequin when beginning Drone U and the way enterprise house owners can use the device to construct their ahead trying plan. (Please attain out to [email protected] if in case you have questions)
Tune in to this detailed and informative podcast on how one can mission your small business earnings when acquiring an SBA mortgage and growing a powerful income/money circulate mannequin for your small business.
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Timestamps
[05:20] Right this moment’s query on calculating future cashflows and producing regular incomes from a drone enterprise
[06:25] Methods to calculate future cashflows from enterprise when securing SBA loans
[07:48] Why is necessary to grasp cashflows and the way Drone U calculated its projections (refer description for file hyperlink)
[17:51] The good thing about working a enterprise whereas understanding your strengths and weak point and leveraging enterprise companions and different stakeholders
