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Entrepreneurship

Milestone Planning. Anticipate the events that need to happen during the period of time that you are planning and organizing your new business (

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Entrepreneurship

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    1. Entrepreneurship Chapter 7 Understanding & Managing Start-up, Fixed & Variable Costs

    2. Milestone Planning Anticipate the events that need to happen during the period of time that you are planning and organizing your new business (…prior to grand opening day). Create a sequential chart or time line that identifies when each event needs to start or be completed. These events should include significant cash inflows or expenses that the business will incur during the planning and organizing stage (Year “0”) These “milestones” will be helpful in not only keeping your plans on track, but also in analyzing cash needs and flows.

    3. Milestone Planning for Year “0”

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