On at this time’s episode we focus on methods to challenge funds and revenues for future and methods by which people and enterprise homeowners can arrange techniques to successfully calculate future money flows. We additionally go over how enterprise homeowners can generate a gentle earnings.
Our query for at this time’s episode is from our pupil, Jimmy, who’s securing a SBA mortgage and needs to calculate the subsequent 3 12 months cashflows. Jimmy can also be getting began on his drone enterprise and needs to know easy methods to generate a gentle earnings in a drone enterprise.
Thanks Jimmy for the query. We delve into understanding how enterprise can plan their ahead trying projections by means of rational means and assumptions. We emphasize how enterprise homeowners can plan and calculate revenues from providers and items whereas additionally understanding easy methods to calculate and establish bills by means of ChatGPT and AI. Rob explains how enterprise homeowners can develop instruments to offer rationale for providers and the way you cost purchasers in your online business.
Rob additionally shares his Spreadsheet Calculator that he used for growing a projection mannequin when beginning Drone U and the way enterprise homeowners can use the instrument to construct their ahead trying plan. (Please attain out to [email protected] you probably have questions)
Tune in to this detailed and informative podcast on how one can challenge your online business earnings when acquiring an SBA mortgage and growing a robust income/money circulation mannequin for your online business.
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Timestamps
[05:20] At the moment’s query on calculating future cashflows and producing regular incomes from a drone enterprise
[06:25] Methods to calculate future cashflows from enterprise when securing SBA loans
[07:48] Why is essential to know cashflows and the way Drone U calculated its projections (refer description for file hyperlink)
[17:51] The good thing about operating a enterprise whereas understanding your strengths and weak spot and leveraging enterprise companions and different stakeholders
