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Entrepreneurial Workshop: Entrepreneurial Finance

Entrepreneurial Workshop: Entrepreneurial Finance

In this workshop, we will review each team’s unit and overall economics – two sets of concepts that are necessary for you to learn to build a financially sustainable venture. We will look into key concepts around cost of goods sold (COGS), life time value (LTV), and customer acquisition cost (CAC). We will show you how to think about forecasting revenue when everything is unknown about your business. We will review your pro-forma profit-and-loss statement (P&L) and help you examine your assumptions and ask the hard questions even though all the numbers are bound to be wrong at this early stage.

This session is led by Prof. Frank Apeseche, Professor of Practice at Tufts University.

Hosted by the Derby Entrepreneurship Center (DEC).

This Entrepreneurial Workshop Series is part of the Tufts Venture Accelerator. Full time accelerator cohort members will be in-person. Everyone else is welcome to join by Zoom.