Entry number two! In this one I cover some of the details that you will need if you're going to be looking for some funding to start or expand your business. These details include:
- Calculating your startup costs
- Spreadsheets of projected expenses and income
- Business entity types
- Understanding assets vs liabilities
- What the frick is a DUNS number?
Anyway, here's the video. I really need to learn how to set the image for the video... I always have stupid mid-word snapshots show up. :)
During the talk I mentioned some links that I would drop into the post, so here they are:
Startup Costs Calculator
Business entity types (per IRS)
SBA (Small Business Administration)
DUNS Number
Other categories for startup costs that I added that were not included in the calculator:
- Studio samples
- Improvements (e.g., reconstruction, adding security system, etc.)
- Office supplies
- Insurance (health insurance, liability insurance, insuring the space, etc.)
Other posts in this series: Video Series? What?
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