Summary of module
This module continues from the previous one to focus on the development of the elements of a financial plan for expansion, including feasibility assessments of revenues and expenses for different scenarios, cash flow budgeting, and sensitivity analysis. These additional materials and plans will be included in your final business plan.
1. Evaluating your Progress
2. Capitalization of New or Expanded Business
By the end of this module you should have:
A clear financial plan for capitalizing your new business plans.
An effective list of benchmarks that to enable monitoring of performance (financial and other) drawn from your goals and values.
Clarity about the tax impact of your plan and the best strategies to meet those requirements.
Learning goals/ outcomes
To identify your financial benchmarks and targets
To assess options for capitalizing your new or expanded business
To learn how to use different financing methods
To identify measures of success as you develop the plan
This module is for businesses that have identified the market channel and completed market research; it focuses on planning for the costs and financial management of expansion.