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Get Legit: Cultivation Business 101 PART II: Financial Planning
March 22 @ 4:00 pm - 6:00 pm
Join us for another installment of our Get Legit Series! This is Part Two of our Cultivation Business 101.
The financial section of a business plan is one of the most essential components of the plan, as you will need it if you have any hope of winning over investors, obtaining a bank loan or having the confidence to move forward into the new regulated market.
- Why Do You Need This?
- This is what will tell you whether the business will be viable or whether you should make other plans.
- If you are seeking investment from venture capitalists, angel investors, or even family members, they are going to want to see numbers that say your business will grow, and they will be paid back or grow their equity.
- In This Session You Will Learn:
- Sales forecast/Pro forma (financial statements give an idea of how the actual statement will look if the underlying assumptions hold true)
- Expenses budget
- Cash-flow statement
- Income projections
- Assets and liabilities
- Break-even analysis
Free: Alliance Associate Members
$10: Alliance Supporting Members
$25: Non- members
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