This interactive virtual workshop will help student entrepreneurs and other innovators put together a financial plan for their business.
Entrepreneurs are often surprised as to why investors pay so much attention to an early-stage company’s financial projections. Depending upon the type of investor (friends and family, angel, VC) there’s a different investor profile, expectation of return on investment and timeline for monetizing their investment.
Entrepreneurs need to understand that financial projections are not only important for raising capital and gauging the timing of when follow-on investment may be needed, but more importantly, to acknowledge the founder’s responsibility to be accountable to that plan. While the world changes right after the ink dries on a business plan and financial projections, having a roadmap that sets the company’s strategic direction, plan of execution and understanding of risks is vital to increasing the chances of that business’ success.
From properly scaling to staffing, from marketing to ultimate sales, this inward view is most helpful to ensure that the entrepreneur brings others in to focus on their competencies and tasks. This delegation will enable the entrepreneur to then focus on those initiatives which create the most value for the business in the long-term.
Join us for an engaging workshop that will help student entrepreneurs and other innovators learn how to not only understand what it means to put together a startup's financial projections but also how to present this data in a way that will help you land more investments and teach you the value of running your company by the numbers!
About the Speaker:
Andrew Levy, CPA, MBA, CBA
Andrew has been the Chief Financial Officer and Controller for numerous small and medium-sized businesses in manufacturing/distribution, service and technology industries for the past 20 years. He formed RockRidge Financial Services, LLC, a business advisory and public accounting firm in 2006 to cater to the accounting/finance/tax needs of his client companies.
Andrew has sat on Advisory Boards for both profit and not for profit companies as well as on the Strategic Advisory Board of Paypal.
Andrew’s experience is not only in determining the proper financial structure of a complex transaction, but in working with the investor community and lenders to best manage the expectations and working relationships with all parties. Operationally, Andrew has developed, implemented and improved accounting systems for his client companies as well as installed proper financial and operational controls to best manage the business.
Please note that this is an online event. A Zoom link for the event will be sent to all registrants a few days prior to the session.