1. Financial Information to Start your Business Gaylen Bunker, CPA, MBA

2. First Questions to answer: TO START What assets will I need? What assets will I need? How will I finance them? How will I finance them? What is the financing cost? What is the financing cost?

3. Second Questions to answer: THE FIRST 3 YEARS What cash will of receive and payout? What cash will of receive and payout? Will I ever be short of cash? Will I ever be short of cash? How much cash will I need? How much cash will I need?

4. Third Questions to answer: PROJECT LIFE Are benefits greater than costs? Are benefits greater than costs? How long before I sell? How long before I sell? What discount rate do I use? What discount rate do I use?

5. Fourth Questions to answer: AT ANY POINT IN TIME What is the project worth? What is the project worth? Am I adding value? Am I adding value? What is the break-even point? What is the break-even point?

11. Excel Spreadsheets: http://people.westminstercollege.edu/faculty/gbunker/ Project.xls