The second day of training was dedicated to financial aspects of a business idea. Students were thoroughly introduced to the concept, structure and types of expenses, income models, sources of start-up company financing, balance sheet and profit and loss account. Emphasis was put on preparing reports on monetary course, as a difference between cash inflow and cash outflow. This day of training was also dedicated to the presentation of a business idea. Students were introduced to the ’’formula’’ of pitch presentation, i.e. to the content and order of  topics in a presentation. It alludes students should first present a concrete business problem, as well as offering an answer to the question how their start-up company solves the problem. In addition, they were to give an answer to the question on the size of a market, business model, competition, investment, as well as the board members.

Agenda
List of participants