Founder Workshop: "Budget Modeling for Startups"
Each quarter, Venture Mechanics offers a rotating series of Founder Workshops on specific topics that every startup team needs to master. These are typically 3-4 hour evening sessions given by the best of our mentors. While the workshops are intended to be taken sequentially they can be taken out of order.
Companies in the Venture Mechanics incubator are entitled to an unlimited free buffet of these workshops during their term. The workshops are also open to startups that aren't in the incubator, at the regular tuition price. Dinner is included, and parking is always free.
If you would like to virtually attend this event. Livestream tickets are available and can be purchased HERE.
More About This Workshop:
"Budget Modeling for Startups"
Effective budgeting is essential for startup success, providing a roadmap for financial management and strategic decision-making. This workshop is designed to equip startup founders and financial decision-makers with the skills and knowledge to develop robust budget models tailored to their business needs. From initial projections to ongoing monitoring and adjustment, participants will learn practical techniques and tools to navigate financial complexities and optimize resource allocation.
Key Learning Objectives:
Gain critical insights into tax planning strategies that can save millions during an exit event.
Understand estate planning steps applicable before fundraising rounds or exit scenarios.
Learn about legal maneuvers and structures to optimize tax efficiency and retain capital gains.
Key Takeaways:
Develop a practical and scalable budget model aligned with your startup’s growth trajectory.
Gain insights into effective revenue forecasting and expense management strategies.
Learn to use budgeting as a tool for strategic decision-making and resource allocation.
Access templates, tools, and resources to streamline budgeting processes.
Who Should Attend:
Startup founders and entrepreneurs responsible for financial planning and management.
CFOs, finance managers, and financial analysts seeking to enhance budgeting skills.
Investors and advisors interested in understanding startup financial operations and budget modeling.
Instructors:
Bill Kearns, CFO, Founder Ursa Advisory
Glenn Wisegarver, CFO Bluetooth SIG
Details:
If there is sufficient time, the instructors will solicit founders in the audience to ask about their startups' specific branding and/or customer acquisition strategies, and get some ideation going together with the other founders and mentors in the room.
Free and convenient parking is always available at Venture Mechanics. The doors open at 5pm, and the course begins at 5:30pm. A light dinner will be served at around 6:30pm.