1Class 7 – WEL Speaker Series

WEL Speaker Series

MGT 190/290Prof Frey: Frey@gwu.edu

Foundations of Entrepreneurial Leadership

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AGENDA:

1. Quick discussion: Financial assignment2. Due next time3. Panel

Class 7 – WEL Speaker Series

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FINANCIAL ASSIGMENT- Jane’s Art Gallery

Class 7 – WEL Speaker Series

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Red Flags

• R&D – How much – 1• Factory Costs – 4• Salary – 1• Pricing – service/complex mkt – 8• Taxes – 8• Prof Fees – 4• Beg. Inventory – supply chain – 5• NP project revenue – 2• Revenue Proj – 6• Licenses/Permit – 5• Equip / Insurance - 10

5Anatomy of a Feasibility Plan – You are Here

DUE NEXT THURS

Financials Plan Part 1

BRING on THURS:- START UP COSTS- PERSONAL BUDGET

TO DO- Draft w/ study groups

Monday- Final Thurs

You are here

6. Financial InformationA. Startup Costs

B. ProForma Income Statements

C. Balance Sheet

7. Sources of Funding

8. Management Team

9. Operations

10.Milestones

6Class 7 – For Next time

• 1. Financial Plan – Part 1 – DUE in class THURS

• 2. Reading: – Revisit Essentials Chapter 11 & 12– Josh Case

• 3. Skill Building: Financial Literacy, intro to Leadership Skills

• 4. Virtual Quiz – Session 7• 5. Provide online feedback: Peer forum

Housekeeping: Not everyone can do the last class date – we are in search of another. All presentation classes are mandatory.

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Refer to the START UP and PERSONAL BUDGET Exercises From your financial literacy skill building assignment (Assigned Session 5)

- Complete both of those as relevant for:- YOUR LIFE and- YOUR BUSINESS

- Bring to class Thursday

Financials Part 1

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Marty JanisPresident & CEO, Atlantic Services Group

Richard BarneyManaging Director, Washington DC, Siegfried Group

Sarah AlexanderPresident, Emerging Markets Private Equity Assoc.

Tenley CarpPartner, Cohen & Mohr

Bio Links

Class 7 – WEL Speaker Series