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ADU 1375: How to build out a 3 year projection for an SBA Loan
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:00:00
- More information
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Synopsis
How can business owners project 3 year revenues and maintain a steady flow of revenue? On today's episode we discuss ways to project finances and revenues for future and ways by which individuals and business owners can set up systems to effectively calculate future cash flows. We also go over how business owners can generate a steady income. Our question for today's episode is from our student, Jimmy, who is securing a SBA loan and wants to calculate the next 3 year cashflows. Jimmy is also getting started on his drone business and wants to know how to generate a steady income in a drone business. Thank you Jimmy for the question. We delve into understanding how business can plan their forward looking projections through rational means and assumptions. We emphasize how business owners can plan and calculate revenues from services and goods while also understanding how to calculate and identify expenses through ChatGPT and AI. Rob explains how business owners can develop tools to provide rationale for ser