Implementation of sales forecasting
Calculation of start-up expenses
Creating income statement and do basic profitability analysis
By the end of this 1-hour long guided project, you will be able to create well-structured financial projections for your start-up idea to be used to attract investors. Firstly, you will learn how to calculate sales projections for your start-up . Afterwards, you will learn how to calculate start-up expenses and finally create a profit and loss statement. This guided project is for beginners in the field of entrepreneurship, especially the ones who don’t have a business academic background . It gives the learner a simple introduction about how to make financial analysis for an early stage start-up. Familiarity with Google Sheets is needed and entrepreneurship principles knowledge is recommended. Completion of the project named “Business Model Canvas and Start-up Funding for Early-stage Start-ups” would enable you to be more familiar with business model concepts that can be directly linked to this project financial analysis. Note: This project works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Project overview: By the end of this task, you will be get introduced to the project course and financial projections template.
Sales Forecasting Part 1: By the end of this task, you will be able to create and calculate part of your Sales Projections based on revenue streams.
Sales Forecast Part 2: By the end of this task, you will learn how to set pricing to your products and calculate the unit price.
Sales Forecast Part 3 & CoGs Intro: By the end of this task, you will be able to calculate sales forecast for the first year and get introduced to CoGs.
CoGs Part 1: By the end of this task, you will be able to calculate your start-up unit cost and calculate your production energy consumption.
CoGs Part 2 & OPEX Part 1: By the end of this task, you will be able to finish calculate your start-up CoGs by calculating production costs and calculate part of OPEX.
OPEX Part 2 and Income Statement : By the end of this task, you will be able to finish calculating your start-up OPEX and finish making the income statement.
Your workspace is a cloud desktop right in your browser, no download required
In a split-screen video, your instructor guides you step-by-step
What will I get if I purchase a Guided Project?
By purchasing a Guided Project, you'll get everything you need to complete the Guided Project including access to a cloud desktop workspace through your web browser that contains the files and software you need to get started, plus step-by-step video instruction from a subject matter expert.
Are Guided Projects available on desktop and mobile?
Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.
Who are the instructors for Guided Projects?
Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.
Can I download the work from my Guided Project after I complete it?
You can download and keep any of your created files from the Guided Project. To do so, you can use the “File Browser” feature while you are accessing your cloud desktop.
What is the refund policy?
Is financial aid available?
Financial aid is not available for Guided Projects.
Can I audit a Guided Project and watch the video portion for free?
Auditing is not available for Guided Projects.
How much experience do I need to do this Guided Project?
At the top of the page, you can press on the experience level for this Guided Project to view any knowledge prerequisites. For every level of Guided Project, your instructor will walk you through step-by-step.
Can I complete this Guided Project right through my web browser, instead of installing special software?
Yes, everything you need to complete your Guided Project will be available in a cloud desktop that is available in your browser.
What is the learning experience like with Guided Projects?
You'll learn by doing through completing tasks in a split-screen environment directly in your browser. On the left side of the screen, you'll complete the task in your workspace. On the right side of the screen, you'll watch an instructor walk you through the project, step-by-step.
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