The Numbers Side of Social Enterprise
The pioneering impact investing organization Acumen has teamed up with Dr. Erik Simanis to offer an introductory course on financial modeling for start-up social enterprises.
Erik will show you how to think about and build a basic financial model from the ground up, starting from a single “business unit”—a stand-alone profit-center (like a branch, sales office, or individual franchise) that is replicated when you scale. The course will then explain how to connect the business-unit financials with the “home-office” and its associated costs—these are the supporting operations and administrative structures that have to be put in place in order to scale a business. This approach helps ensure that your product or service can be realistically commercialized, and that the business model is built for scalability from the start. Register at: http://plusacumen.org/courses/unit-economics.
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