On my cash flow forecast I'm currently filling out for my new business, it has a section "Cash Investments" Does that mean money I put into my business personally?
Hi, it's already there. There is an example of a business that makes sales and collects part of the money up front and part of the money after delivery. In a travel agency, all you would do is simply time the collection of the commission to match the average time between booking and travel. It's why I chose the examples I did, the concepts are there to model almost every type of business out there.
Hi David. I’m creating a six-week cash flow forecast for a business. I’m confused on how to apply A/P and A/R current, 30, 60, 90, and over 90. Could you help?
Not specifically but you'd learn exactly how to model subscribers to a SaaS platform, for example, by estimating the leads and specifying the conversion rates. This is how the go-kart company is modeled, you'd just have more leads and conversions at a lower price-point likely. The idea was to use examples of different business models that can be applied by people in all sorts of industries.
Thanks!
Wow, did you just give me 2 Euros? Neat. I'm going to invest it at Starbucks right now.
well done 😅,btw I m following your courses,I find them of great value, I'm learning a lot,thank you !!! @@DavidCBarnett
Good Day David. Is it............I'm learing how to do a cashflow projection. You've taught me a good bit.
You can do it Devon!
Excellent value David!
Thanks! I know you'll enjoy it, Soumangue.
@@DavidCBarnett You're right. I picked up a few nuggets.
On my cash flow forecast I'm currently filling out for my new business, it has a section "Cash Investments" Does that mean money I put into my business personally?
Yes.
How much time does it take to put together a plan? Is it few days or a month?
It takes me a few days usually. A big part of it depends on whether you have to wait for information from others.
Hi David, Victor from Gidtor Travel Diaries here. This wouldn’t have come at a better time. Can we have a examples of a service industry like travel?
Hi, it's already there. There is an example of a business that makes sales and collects part of the money up front and part of the money after delivery. In a travel agency, all you would do is simply time the collection of the commission to match the average time between booking and travel. It's why I chose the examples I did, the concepts are there to model almost every type of business out there.
Hi
I need a template to value a startup
Hi David. I’m creating a six-week cash flow forecast for a business. I’m confused on how to apply A/P and A/R current, 30, 60, 90, and over 90. Could you help?
Well, 6 weeks is only 42 days so most of that data would be irrelevant.
David Barnett could you attach a link for a profit and loss statement?
Do you coach people?
Yes I do, you may check www.investlocalbook.com/p/i-want-to-work-with-david.html if you want to learn more
Nice explanation.
Thanks Sunny. Are you going to enroll?
This looks like a great resource. I plan to purchase. Are any the the example companies tech companies?
Not specifically but you'd learn exactly how to model subscribers to a SaaS platform, for example, by estimating the leads and specifying the conversion rates. This is how the go-kart company is modeled, you'd just have more leads and conversions at a lower price-point likely. The idea was to use examples of different business models that can be applied by people in all sorts of industries.
Hi