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Entrepreneurship Cash Control
Using the Thinking Planning Implement / Executing Philosophy (TPI/E™)
Game Code:
Welcome,
Once you have designed the product and planned the marketing campaigns, it is time to manage the Cash Flow. That is accomplished on this management screen. You will be able to request the desired/needed capital from the various sources (equity, debt or personal). Some of the sources have a limit on how much can be taken or requested, others have interest that will be charged or Company ownership dilution. Your decision as an Entrepreneur is to select the source and amount that will benefit the startup always remembering that money borrowed must be repaid and ownership cannot be negated.
- Cash - Company Bank Account
- Cash - Personal Bank Account
- Personal Credit Card (has an associated expense: Interest on Credit Card)
- Commercial Loan (has an associated expense: Interest on Commercial Loan)
- Family Loan (has an associated expense: Interest on Family Loan)
- Family Investment (ownership)
- Professional Investment (ownership)
- Potential Revenue (projected revenue based on the QOH and QOO multiplied by the selling price)
- Product Purchase Cost (cost associated with the purchase of inventory - QOO*Cost)
- Ad Campaign Budget (total of the Ad Campaign budgets)
- Inventory Storage Cost (An inventory holding cost based on QOH)
On this decision screen there is also a Human Resource (HR) factor. Investing in your human capital increases your salary expense but also enhances marketing effectiveness and operation efficiency.
- HR Expenses (Investment in Human Resources)
- HR Salaries
- Potential Revenue Improvement
- Potential Cost Reduction
Once these decisions have been entered update (click the Update Button). *Have tooltips