How to Prepare a Budget and a Forecast

You've defined, sized and segmented your market. You've validated the market to verify that your product or service does serve an unfilled need in the market, and customers are willing to buy it. And you've done your value pricing. Now it's time to create a financial plan so you know what to expect from your business, and you know how much funding you'll need to either launch the business or to take it to the next level. Budgeting and forecasting is also an essential tool for obtaining funding, whether that's a loan from a bank, or investment from an angel investor or a venture capitalist. How do you create a budget, forecast revenue, and project what your financial situation will be in the future? At this seminar, OTBC executive director Steve Morris will explain how, and will provide you with both a basic and an advanced Excel spreadsheet to help get you started. Who should attend: any entrepreneur or small business owner who needs to develop a strategy and a plan for launching or growing their business. Location: OTBC, 12725 SW Millikan Way, Suite 101 Date: Wednesday, December 2, 2009 Time: 4pm to 5:15pm Max: Blue line, Beaverton Central stop (one stop west of the Beaverton Transit Center) Driving: Directions Parking: Free parking in the parking garage next door to our building Cost: $25 ================================================ OTBC Sponsors and Partners We appreciate the support of all of our Sponsors and Partners! Founding Sponsors The City of Beaverton State of Oregon Silver Sponsors: Easystreet Coldwell Banker Sonitrol Pacific Partners TechAmerica Acumen Financial Group Armstrong & Associates Public Relations DHX Advertising OBA OEN SAO White & Lee