Course Modules
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Module 1 | Business Funding- Entrepreneurship Contest | |
Unit 1 | Abstract | |
Unit 2 | Description Of Service/Product | |
Unit 3 | Market Analysis | |
Unit 4 | Competition | |
Unit 5 | Management | |
Unit 6 | Financial Data | |
Unit 7 | Supporting Documents, Portfolio And Criteria | |
Unit 8 | Final Step For Completing The Application |
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Module Summary
Pitching is a different process and does not require a detailed forecast of your finances.
An important step, though, is identifying your costs and profits:
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General cost of the product such as cost of the resources needed, cost of the labor needed, shipments, customs and taxes.
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General profit of the product such as the profit obtained from mass production, investments and donations.
In this video, you will learn about pitching your financial data.
Pitching is a different process and does not require a detailed forecast of your finances.
An important step, though, is identifying your costs and profits:
-
General cost of the product that will include:
-
Cost of the resources needed
-
Cost of the labor needed
-
Shipments
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Customs and taxes
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Websites and advertisements
Identifying these costs will give you a clear view of what is needed to execute your dream; it can also identify any flaws and how those can be modified to make your business better. For example, using less material would decrease your overall costs.
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General profit of the product that will include:
-
The profit obtained from mass production
-
Investments and donations etc.
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