A successful American businessman once said: “The only unforgivable sin in business is to run out of cash.”
- How will you finance your company?
- How does your company make money?
- How much money are you burning?
- What are your key financials metrics?
These are all questions you need to answer if you want to create a sustainable business.
The Dobson Centre for Entrepreneurship is hosting a workshop for entrepreneurs interesting in strategic financial planning for startups. This workshop is open to EVERYONE (students and alumni) at McGill (even if you have not entered the McGill Dobson Cup).
This event will also help you strengthen your five page business plan for the McGill Dobson Cup, due on February 1st, 2016. After this workshop you will have a clear vision of how to manage the financial operations and growth of your startup - something investors and our Dobson Cup judges are looking for!
McGill Dobson Cup guidelines and requirements are available here: www.mcgill.ca/Dobson-Cup