Lesson 3: Access to Capital
What You’ll Learn: Creativity isn’t free. Nor should it be. Even if you count every penny and squeeze it to death before spending it, you still have hard costs, from supplies to marketing. This lesson will walk you through various options, and later on, we’ll take a look at how you can create revenue streams that will help fuel further growth and wealth.
Access to Capital (continued)
Assignments
- Use Commerce’s SizeUp tool to make initial projections for your business if you haven’t done so already. This will help you model cash flow and perform profit and loss projections.
- Talk to other creative business owners in your area about how they financed their business and how well their projections matched the realities of turning their creative talents into a bonafide business.
- Visit a nearby Startup Center or Small Business Development Center to discuss your business idea and capitalization needs. These centers offer consulting, mentorship and resourcing to help you get your business up and running more quickly and with more confidence.
Return to Main Office
Courses
Introduction: Are You Ready?
1. Thinking Like a Business
2. Business Structures
3. Access to Capital
4. Creating Revenue Streams
5. Marketing
6. Finding Customers
7. Pricing
8. Creating a Winning Pitch
9. Effective Negotiation
10. Intellectual Property
11. Managing Your Money
12. Going Global