Entrepreneurship 101 is MaRS’s flagship free weekly lecture series featuring key topics related to starting a successful business, aimed at social innovators, technology and life sciences researchers and trainees. Topics include funding your business, marketing, recruiting, intellectual property and more. Join us at iF for an informal viewing over coffee, no registration required.
This lecture will help you build a realistic financial plan for your start-up. It‘s important to have a detailed plan that identifies how you spend money and how you make money. To do this, you need to be familiar with the basic tools of financial planning, including income statements, cash-flow forecasts, expense statements and balance sheets. We use case studies to examine the financial plans of both successful and failed companies, focusing on their ability to forecast realistic scenarios for business growth and cash flow.