Video Worksheet 11 What Will it Take to Get Started
6/01/23
Video Worksheet 11: What Will it Take to Get Started? Name:____________________________
Objective: What are some ways to obtain money to fuel your startup costs? Why should you create a budget and timeline for your startup costs?
To bring an idea to market always takes time and money. With any new project or new business, a wise innovator will always make a plan, set a budget, and track spending.
Vocabulary:
Startup costs–The expenses incurred during the process of creating a new business.
After-watching debrief:
- Why is it important to create a budget and timeline for your start-up costs?
- What are some potential sources of funding to help start a business?
3. Billy, with the help of Karen, his mentor, uses a spreadsheet and a calendar to estimate expenses and set a series of _____________________ to complete different phases.
4. The cost of doing business always includes ______________________ costs.
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