July 22, 2017
3. Business Model Testing: Financial soundness
In this block, we will focus more on the financial soundness of your business model: Does your business make a profit? Do your investors get a return on their profit? Do you have enough cash flow to keep the business running? In order to test all of this, we will use profit calculators as a business tool. First, we will hear how banks evaluate financial soundness of BMs. Next, we will be using it on your own company!