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Video #2 - Details of business funding stuff

Thursday 25 October

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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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