Financials and Testing

3 dot points, in syllabus order. Each dot point has a focused answer, with exam-style questions and worked answers where available.

How do you test whether customers actually want your idea before building it fully?

Test and validate the riskiest assumptions of a business idea using lean experiments and a minimum viable product.

How to identify and test the riskiest assumptions behind a venture using lean experiments, a minimum viable product, and the build-measure-learn loop to validate demand cheaply.

6 min read →

How does a new venture fund its start-up and growth without running out of cash?

Evaluate sources of finance and select appropriate funding for the start-up and growth of a venture.

How to evaluate and select sources of finance for a venture, comparing equity and debt, owner funds, loans, crowdfunding, grants and investors, and matching funding to start-up and growth needs.

6 min read →

How do you work out whether a business idea can make money and stay solvent?

Assess the financial viability of a venture using start-up costs, break-even analysis and a cash flow forecast.

How to test whether a venture can make money and stay solvent using start-up costs, fixed and variable costs, break-even analysis, pricing and a cash flow forecast.

7 min read →