Where's My Money: A key starting point for organizing your business so you can keep what you make

Cashflow is the lifeblood of a business and if we do not know where are money is going, we will soon fail in business. The basic concepts of budgeting for your new business is mapped out for you right here.

Topics Included:

1. Research Your Startup Costs: Say goodbye to uncertainty and confusion! By researching and estimating the critical expenses in your industry, you'll gain a clear financial picture of what it takes to turn your business idea into a reality. Armed with this knowledge, you can make informed decisions and plan your budget effectively.
   
2. Estimate Your Revenue: Revenue serves as a vital metric for assessing the health and growth potential of your business. It's a tangible measure of your customers' trust and validation of your value proposition. By analyzing and tracking your revenue, you'll gain valuable insights into customer behavior, market demand, and the effectiveness of your sales strategies.
3. Separate Business Funds: Preparation for opening a separate business bank account from day one to establish a solid foundation and avoid mixing personal and business funds. Beat the Odds: 81% of entrepreneurs who fail due to poor cash-flow management.. 

Activities + Content Included: 

1. "Startup Cost Estimator" Money Planning Activity (PDF)
2. "Financial Projections" Business Activity (PDF) 
3. "Open a Bank Account" Planning Activity (PDF) 

Content Details: 

• Style: Reading and Activity
• Pages: 31
• Activites: 3
• Total Activity Time: 25-35 Min.
• Total Read Time: 20-45 Min.

Keywords: money management, bootstrapping, financial plan, IRS