This segment discusses cash flow and financial planning, including common expenses, seasonal cash flow, personal versus business finances and business bank accounts.
Where To Startup videos
Speaker:
Darren Franz, Alaska Regional Business Banking Manger, Wells Fargo
Topics:
- What is cash flow?
- What are some common business expenses? [01:04]
- How do you project cash flow? [02:07]
- Consider the season. [03:07]
- How do you plan for seasonal cash flow? [03:34]
- Don’t co-mingle business and personal finances. [04:40]
- How do you open a business bank account? [06:54]
- Advice for entrepreneurs? [07:09]
Additional Resources:
- First National Bank Alaska: Financial calculators
- First National Bank Alaska: Downloadable Business Forms
- Northrim Bank: Small Business Resources
- Wells Fargo: Small Business Resources
- Wells Fargo: Monthly Expense Worksheet
- Alaska Division of Economic Development
- Alaska Small Business Development Center
- U.S. Small Business Administration
- Alaska Regional Development Organizations (ARDORS)
- World Trade Center Alaska
- Anchorage Economic Development Corporation
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Are you interested in how AEDC can assist with your business investments in Anchorage? Contact us today!
AEDC Business & Economic Development Director Emma Kelly: (907) 258-3700