How To Figure Out Your Small Business Finances... It's Fun! - WIMP

Thumbnail photo credit: http://401kcalculator.org

A presentation from October 2014 details how business operations can be fun! You can learn to love your finances.

Kirsten Ely, MBA, Ph.D., Entreprenoma’s Faculty Lead and Professor of Entrepreneurship & Accounting at Sonoma State University (Rohnert Park, CA)

Do you dread working out revenue projections with all of those subscriptions and flat rates and billable hours? I mean, who knows what you’ll get in 6 months or a year, right? Do you worry that you’ve undersold because you’ve left out some critical cost or miscalculated how it would change with levels of business? Or maybe you can figure that all out but would just rather do your WIMP work!

Well, Kirsten loves mapping operations into financial projections the same way you love your WIMP work, possibly even more! She’ll show you how to use the process of building your financial projections to better understand your operations and how to set up an excel spreadsheet that allows you to change assumptions with the changes magically flowing through to immediately tell you the impact on how quickly you can buy that fancy computer-software-digital camera or hire someone to take some of the burden off of you or whatever else you need to take yourself to the next level. Not only that but she’ll make you have fun while you’re learning all of this...really!

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