On right this moment’s episode we talk about methods to challenge funds and revenues for future and methods by which people and enterprise house owners can arrange methods to successfully calculate future money flows. We additionally go over how enterprise house owners can generate a gentle revenue.
Our query for right this moment’s episode is from our pupil, Jimmy, who’s securing a SBA mortgage and needs to calculate the subsequent 3 yr cashflows. Jimmy can also be getting began on his drone enterprise and needs to know the best way to generate a gentle revenue in a drone enterprise.
Thanks Jimmy for the query. We delve into understanding how enterprise can plan their ahead wanting projections by way of rational means and assumptions. We emphasize how enterprise house owners can plan and calculate revenues from companies and items whereas additionally understanding the best way to calculate and establish bills by way of ChatGPT and AI. Rob explains how enterprise house owners can develop instruments to offer rationale for companies and the way you cost purchasers in your small business.
Rob additionally shares his Spreadsheet Calculator that he used for creating a projection mannequin when beginning Drone U and the way enterprise house owners can use the software to construct their ahead wanting plan. (Please attain out to [email protected] when you have questions)
Tune in to this detailed and informative podcast on how one can challenge your small business earnings when acquiring an SBA mortgage and creating a robust income/money circulate mannequin for your small business.
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Timestamps
[05:20] As we speak’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 necessary to grasp cashflows and the way Drone U calculated its projections (refer description for file hyperlink)
[17:51] The advantage of operating a enterprise whereas understanding your strengths and weak point and leveraging enterprise companions and different stakeholders