Easy Finance For Startups
3.0 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
9 students enrolled
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Easy Finance For Startups

How to set financial expectations during your first and second year
3.0 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
9 students enrolled
Created by Brett Romero
Last updated 10/2016
English
Current price: $10 Original price: $50 Discount: 80% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 40 mins on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Stabilize year 1 income
  • Create financial income projections
  • How to take an appropriate salary
View Curriculum
Requirements
  • The aren't any prerequisites.
Description

Starting a new business is difficult enough. But going in financially blind without any expectation of what to expect for expenses, unknown events and salary can set the stage for failure.

This course follows up on my previous personal finance course titled, 'How To Create A Personal Financial Co-Pilot'. We now build on concepts learned in the personal finance course to create a financal co-pilot for your business.

Year one income for a business is difficult to plan for. It can be all over the place, including some months of no income at all. How do you budget for expenses, salary, and projected growth in what can seem like a chaotic environment?

That's exactly what we'll do in this course. Understanding the ebbs and flows of your business' finances will put you ahead of the game and elevate your potential for business success.

Who is the target audience?
  • Anyone wanting to start a business
  • Business owners in year 1
  • business owners in year 2
  • Business owners wanting to learn more about the numbers within their business
Students Who Viewed This Course Also Viewed
Curriculum For This Course
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Course Introduction
1 Lecture 01:54
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Years One and Two of Your New Business
3 Lectures 23:09

Year Two: Salary, Set Expenses and Forecasting
09:34

Summary of Years One and Two
03:11
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The Importance of Taking a Salary
1 Lecture 12:20
The Impact of Salary
12:20
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Summary
1 Lecture 02:56
Summary of Course
02:56
About the Instructor
Brett Romero
4.2 Average rating
320 Reviews
28,085 Students
21 Courses
Brett Romero

I'm a software engineer and entrepreneur. I've also started several businesses. Bitesize Business School is the latest, where I write about applying business principles to the real world and solving technology issues that every online business faces.

The first business I created, Cygen, was a web design consulting business. From this business, I also created my first product - A chatroom web application that was javascript based.

I've written desktop applications in languages running from Delphi to C# winforms/WPF. I've also built ASP.NET webforms and MVC based applications. When the iOS SDK was first introduced, I bought a Macbook and began building apps for the iPhone. I currently have seven apps in the iTunes App Store.

I have an MBA from ASU ('14). My undergraduate major was in mathematics. Before graduating, I decided to get a business degree. I continued taking mathematics courses at the University of Washington after completing my undergraduate degree.