Should Product Owners think like entrepreneurs?
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Perhaps you are a new entrepreneur about to launch a business or innovation you have been dreaming about for years. Or maybe you have an established business and things are going well, or maybe even too well. In both instances you are going to need capital - the 'oxygen' that every business needs to grow and prosper.
So now you are writing your first business plan or touching up the old one in anticipation of raising capital. Capital can only come into a business in one of two ways. Capital that is generated internally through positive cash flow from business operations (e.g., selling stuff), or from external funding sources. The new entrepreneur is limited to only one option - external funding sources.
July 15
31 Comments
Timothy Fields
Next, think about the business plan you`ve just written or updated and then build a financial forecast that includes a balance sheet, income statement, and cash flow statement.
124 2 Reply
Web Master
After qualifying I spent 16 years out in industry as a finance director, with experience across manufacturing, service and distribution sectors, before starting Facilis back in 2005
479 -1 Reply
Jonh
You will find me friendly and approachable and what I really enjoy is helping people.
356 0 Reply
Adam Dean
Give yourself better odds with thoughtful planning, diligent preparation, and the eight tips
225 0 Reply
Henry Reyes
Remember, you don't want to run out of money
206 -2
Steven Ryan
How do experienced executives determine the best capital formation strategy for their company?
516 98
Web Master
When it comes to the question of applying for a bank loan to fund your startup, most experts say, don't bother.
108 4 Reply