Creating Financial Projections For Your Start-Up (In-Person)

The Alaska Small Business Development Center (SBDC), in partnership with the Seward Chamber of Commerce, is pleased to be participating in this year’s Alaska Startup Week 2023.  As one of over 30 events happening during Alaska Startup Week 2023, be sure to check out the incredible list of all events starting October 2nd at https://akstartupweek.com

Join us at the Seward Library in Seward, Alaska from 12 pm to 1:30 pm on Tuesday, Oct. 3rd, 2023 at the Seward Library at 410 Adams Street, City Hall Building, Seward, AK 99664 for our free in-person training on “Creating Financial Projections For Your Start-Up.”  If you want to start or run a successful business, you have to understand the numbers.  Regardless of the industry, size or other unique features of your business, financial analysis is critical to both starting a business and staying in business.  If you are working on the feasibility of an idea or writing a business plan, you need this class!

This workshop will cover how to develop a financial plan using the  Alaska SBDC’s Financial Model tool which is an extensive Excel model. Don’t worry, no previous experience with Excel is necessary. The results of this exercise will be ready to insert into the financial portion of your business plan.

Topics covered during this free In-Person workshop include the following:

• Start-Up Budget
• Salaries and Wages
• Fixed Expenses
• Sales Projections
• Income Statements
• Cash Flow Statements
• Balance Sheets

PRESENTER:

Cliff Cochran, MBA, Kenai Peninsula Director at the Alaska SBDC’s Kenai Peninsula Center in Soldotna, Alaska.