take this course to remember the essentials and build over it. and what we’re gonna have to do now is, we’re gonna have to do a feasibility study. in fact, i hope you’re not saying what’s an income statement, what’s a cash flow statement? sometimes it’s easier to do the cash flow statement first, just look at the flows of cash and how they’re gonna come in and out of the business, and that one is a lot easier. the fact that my cash flow is positive at the end of each quarter does not necessarily mean i have the cash to pay my salaries in month one and month two of that quarter. it’s easy to do it from a monthly, whereas if you’ve done quarterly or yearly, and now you need monthly, that’s difficult. these are gonna show us how our business is gonna perform, what we’re expecting, and in terms of the cash flow statement, the cash flow is gonna tell us, how much cash do we have?
and then, when does all the money originally invested into this business? and we’re gonna see this all in the cash flow statement and that’s why the cash flow statement is so extremely important. in which ca, it, that you can look at and you can see this is, you know, this is what i’m sell, this is how many i think i’m gonna sell month one. and we want to use a base case scenario, based on what the market research, what the market data indicates we should, we should have. well, what if there’s a, there’s a, a shortage in the supply of a certain element that we need to get this done. you see if i if i ask, if i say i want $50,000 and my projected cash flows show that my company is worth $100,000. the other thing that the cash flows show us especially on a month to month basis is that they show us when we need that cash. so it’s also a way of maximizing the money you can get and minimizing the equity that you have to give.
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