💰Financial Knowledge for Startup💰 Finance is one of the important key for successful startups. Many entrepreneurs, however, lack knowledge of finance.So we will tell you the three important things about the finance for startups. 1.)Sources of fund When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bank that you have a long-term commitment to your project and that you are ready to take risks. 2.)Liquidity management Liquidity means managing assets and cash flow to cover business expenses. Liquidity management helps in maintaining the financial stability and it also helps you handle your liabilities and assets efficiently. It helps your company avoid financial troubles. What’s more – you may even be able to develop different payment strategies that will help you generate more profits. Apart from that, you can improve your cash-flow and use your assets to generate higher revenues. 3.)Cash flow forecasting Cash flow is the life-blood of a small business. So you can probably seen that it makes sense for a start-up to forecast what is going to happen to cash flow to make sure it has enough to survive. If a business runs out of cash and fails it will be early warning for entrepreneur to increase effectiveness. There are many source of Information to help a startups forecast the cash flow such as suppliers, advisor and market research into key aspects of sales and costs So You need to understand where, why and how the money is coming from. More importantly, you need to understand where the money is going. 🚀 Asean University Startup League 2020 🚀 . 📣CU Innovation Hub, Chulalongkorn University, is pleased to announce the 1st ASEAN University Startup League 2020 scheduled on 21 – 22 March 2020 in Bangkok, Thailand. A Startup pitching competition (idea stage) under the topic of “Lifestyle and Entertainment”. . 🎓For students currently studying in undergraduate in ASEAN region. If you have any Startup Ideas then join up and impress us with your abilities and creativities. . 🗣“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” –Jeff Bezos, Amazon Founder and CEO . ✍🏻Click on the link below to signup👇🏻 //bit.ly/ASEANUniversityStartupLeague #ASEANStartup #Pitching #StartupLeague #ASEAN #Startup #AUSL2020Photos from CU Innovation Hub’s post

No Comments on 💰Financial Knowledge for Startup💰 Finance is one of the important key for successful startups. Many entrepreneurs, however, lack knowledge of finance.So we will tell you the three important things about the finance for startups. 1.)Sources of fund When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bank that you have a long-term commitment to your project and that you are ready to take risks. 2.)Liquidity management Liquidity means managing assets and cash flow to cover business expenses. Liquidity management helps in maintaining the financial stability and it also helps you handle your liabilities and assets efficiently. It helps your company avoid financial troubles. What’s more – you may even be able to develop different payment strategies that will help you generate more profits. Apart from that, you can improve your cash-flow and use your assets to generate higher revenues. 3.)Cash flow forecasting Cash flow is the life-blood of a small business. So you can probably seen that it makes sense for a start-up to forecast what is going to happen to cash flow to make sure it has enough to survive. If a business runs out of cash and fails it will be early warning for entrepreneur to increase effectiveness. There are many source of Information to help a startups forecast the cash flow such as suppliers, advisor and market research into key aspects of sales and costs So You need to understand where, why and how the money is coming from. More importantly, you need to understand where the money is going. 🚀 Asean University Startup League 2020 🚀 . 📣CU Innovation Hub, Chulalongkorn University, is pleased to announce the 1st ASEAN University Startup League 2020 scheduled on 21 – 22 March 2020 in Bangkok, Thailand. A Startup pitching competition (idea stage) under the topic of “Lifestyle and Entertainment”. . 🎓For students currently studying in undergraduate in ASEAN region. If you have any Startup Ideas then join up and impress us with your abilities and creativities. . 🗣“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” –Jeff Bezos, Amazon Founder and CEO . ✍🏻Click on the link below to signup👇🏻 //bit.ly/ASEANUniversityStartupLeague #ASEANStartup #Pitching #StartupLeague #ASEAN #Startup #AUSL2020Photos from CU Innovation Hub’s postPosted in CUHUB FB By golfPosted on March 1, 2020

When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bank that you have a long-term commitment to your project and that you are ready to take risks.

2.)Liquidity management

Liquidity means managing assets and cash flow to cover business expenses. Liquidity management helps in maintaining the financial stability and it also helps you handle your liabilities and assets efficiently. It helps your company avoid financial troubles. What’s more – you may even be able to develop different payment strategies that will help you generate more profits. Apart from that, you can improve your cash-flow and use your assets to generate higher revenues.

3.)Cash flow forecasting

Cash flow is the life-blood of a small business. So you can probably seen that it makes sense for a start-up to forecast what is going to happen to cash flow to make sure it has enough to survive. If a business runs out of cash and fails it will be early warning for entrepreneur to increase effectiveness. There are many source of Information to help a startups forecast the cash flow such as suppliers, advisor and market research into key aspects of sales and costs

So You need to understand where, why and how the money is coming from. More importantly, you need to understand where the money is going.

🚀 Asean University Startup League 2020 🚀
.
📣CU Innovation Hub, Chulalongkorn University, is pleased to announce the 1st ASEAN University Startup League 2020 scheduled on 21 – 22 March 2020 in Bangkok, Thailand. A Startup pitching competition (idea stage) under the topic of “Lifestyle and Entertainment”.
.
🎓For students currently studying in undergraduate in ASEAN region. If you have any Startup Ideas then join up and impress us with your abilities and creativities.
.
🗣“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” –Jeff Bezos, Amazon Founder and CEO

.
✍🏻Click on the link below to signup👇🏻
//bit.ly/ASEANUniversityStartupLeague

#ASEANStartup #Pitching #StartupLeague #ASEAN #Startup #AUSL2020

อ่านต่อ

💰Financial Knowledge for Startup💰 Finance is one of the important key for successful startups. Many entrepreneurs, however, lack knowledge of finance.So we will tell you the three important things about the finance for startups. 1.)Sources of fund When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bank that you have a long-term commitment to your project and that you are ready to take risks. 2.)Liquidity management Liquidity means managing assets and cash flow to cover business expenses. Liquidity management helps in maintaining the financial stability and it also helps you handle your liabilities and assets efficiently. It helps your company avoid financial troubles. What’s more – you may even be able to develop different payment strategies that will help you generate more profits. Apart from that, you can improve your cash-flow and use your assets to generate higher revenues. 3.)Cash flow forecasting Cash flow is the life-blood of a small business. So you can probably seen that it makes sense for a start-up to forecast what is going to happen to cash flow to make sure it has enough to survive. If a business runs out of cash and fails it will be early warning for entrepreneur to increase effectiveness. There are many source of Information to help a startups forecast the cash flow such as suppliers, advisor and market research into key aspects of sales and costs So You need to understand where, why and how the money is coming from. More importantly, you need to understand where the money is going. 🚀 Asean University Startup League 2020 🚀 . 📣CU Innovation Hub, Chulalongkorn University, is pleased to announce the 1st ASEAN University Startup League 2020 scheduled on 21 – 22 March 2020 in Bangkok, Thailand. A Startup pitching competition (idea stage) under the topic of “Lifestyle and Entertainment”. . 🎓For students currently studying in undergraduate in ASEAN region. If you have any Startup Ideas then join up and impress us with your abilities and creativities. . 🗣“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” –Jeff Bezos, Amazon Founder and CEO . ✍🏻Click on the link below to signup👇🏻 //bit.ly/ASEANUniversityStartupLeague #ASEANStartup #Pitching #StartupLeague #ASEAN #Startup #AUSL2020Photos from CU Innovation Hub’s post

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