Task 6: The Finances Workbook

Let's talk money!

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In financial modeling, you will paint a picture of your business's financial situation, including its revenue and expenses, as well as a plan for the future. Done well, a financial model helps startup leaders take control of their numbers. Mapping out your expenses can save you a lot of heartbreak. We often think of supplies as the major expense, but it is important to create a list of expenses including:

  • Shipping costs

  • Transportation

  • Increase in rent, utilities, storage

  • Memberships

  • Food & drink bills

  • Supply costs

  • Marketing & Design costs

  • Events, conferences, courses, etc.

  • Employee benefits or volunteer perks

  • Cost of stolen or damaged products


This financial model is essential in understanding the cost of doing business and should be at the forefront of pricing your goods or services.


DOWNLOAD YOUR FREE WORKBOOK HERE!