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Anna Dyachkova
You have a business idea, but how do you turn it into a full-fledged startup? At once, a need to analyze financial indicators occurs. In this project you will learn how to calculate: costs, profit, price, breakeven and other indicators of a startup....
Read more
You have a business idea, but how do you turn it into a full-fledged startup? At once, a need to analyze financial indicators occurs. In this project you will learn how to calculate: costs, profit, price, breakeven and other indicators of a startup....
Read more
You have a business idea, but how do you turn it into a full-fledged startup? At once, a need to analyze financial indicators occurs. In this project you will learn how to calculate: costs, profit, price, breakeven and other indicators of a startup. Programming economic formulas is easy, join our project.
This project is suitable for you, even if you have no economic education. During the course, we will calculate costs, profits and break-even point. It is important to assess if your business idea is successful.
The project is aimed at mastering spreadsheets for programming economic formulas for finding various types of costs based on primary information using the example of different tasks.
Register for this course and see more details by visiting:
OpenCourser.com/course/b6ethz/costs
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what to watch for , and
possible dealbreakers
Teaches learners how to calculate costs, profit, price, breakeven, and other indicators of a startup, which are core skills for business development
Develops spreadsheet programming skills for finding various types of costs based on primary information, which is standard in business operations
Suitable for learners with no economic education, making it accessible to a wider audience
Taught by instructors with expertise in business development, providing learners with valuable insights from industry professionals
May require additional resources or materials for learners without prior spreadsheet programming experience, such as access to spreadsheet software
Save this course
Save Costs, Profit, Break-even of a Startup: Economic Calculator to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Costs, Profit, Break-even of a Startup: Economic Calculator with these
activities:
Review basic accounting principles
Show steps
Understanding basic accounting principles will help you better understand the financial information that is used to calculate financial indicators.
Browse courses on
Accounting
Show steps
-
Review your notes from an accounting course.
-
Read articles or books on basic accounting.
-
Take a practice quiz on basic accounting.
Watch video tutorials on financial modeling
Show steps
Watching video tutorials can help you learn how to use financial models to analyze businesses and make informed decisions.
Browse courses on
Financial Modeling
Show steps
-
Search for video tutorials on financial modeling.
-
Watch the tutorials and take notes.
-
Apply what you learn to your own business or startup.
Explore online tutorials on spreadsheet formulas
Show steps
Enhance spreadsheet skills by seeking out and working through tutorials on economic formulas
Show steps
-
Search for tutorials specific to economic formulas in spreadsheets
-
Follow the steps and examples provided in the tutorials
-
Practice using the formulas in a spreadsheet
Nine other activities
Expand to see all activities and additional details
Show all 12 activities
Solve practice problems on financial indicators
Show steps
Solving practice problems will help you apply the concepts you learn in the course and test your understanding.
Show steps
-
Identify the financial indicators you need to calculate.
-
Gather the necessary data from the course materials.
-
Use the formulas provided in the course to calculate the indicators.
-
Check your answers against the provided solutions.
Complete practice problems on economic calculations
Show steps
Reinforce understanding of economic concepts through repetitive practice problems
Show steps
-
Find practice problems online or in textbooks
-
Solve the problems using the formulas learned in the course
-
Check your answers and identify areas for improvement
Discuss financial indicators with other students
Show steps
Discussing financial indicators with other students can help you learn from different perspectives and gain a deeper understanding of the topic.
Show steps
-
Find a study partner or group.
-
Choose a topic to discuss.
-
Prepare for the discussion by reading the course materials and doing some research.
-
Meet with your study partner or group to discuss the topic.
Set up a study group
Show steps
Connect with classmates to form a study group for the purpose of explaining difficult concepts and quizzing one another
Show steps
-
Send out an email or post a message to classmates
-
Gather a group of 3-5 students
-
Decide on a regular meeting time and location
-
Create a shared document or online space for group notes and resources
Develop a spreadsheet model for a startup business
Show steps
Apply economic formulas to create a practical tool for analyzing a startup business
Browse courses on
Spreadsheet Modeling
Show steps
-
Gather data on startup costs, expenses, and revenue
-
Design a spreadsheet model using the economic formulas learned in the course
-
Input the data and calculate key metrics such as breakeven point and profitability
-
Analyze the results and make recommendations for improving the startup's financial performance
Create a spreadsheet template for calculating financial indicators
Show steps
Creating a spreadsheet template will help you automate the process of calculating financial indicators and make it easier to track your results.
Browse courses on
Spreadsheet Software
Show steps
-
Design the layout of your spreadsheet.
-
Create formulas to calculate the financial indicators.
-
Test your spreadsheet with sample data.
-
Share your spreadsheet template with other students.
Launch a small business based on the principles learned in the course
Show steps
Put theory into practice by starting a small business and applying economic formulas to make informed decisions
Show steps
-
Identify a business idea and develop a business plan
-
Secure funding and resources for your business
-
Implement the economic formulas learned in the course to manage your business finances
-
Monitor your business performance and make adjustments as needed
-
Share your experience and lessons learned with other students in the course
Contribute to an open-source financial modeling project
Show steps
Contributing to an open-source financial modeling project can help you learn from others, improve your skills, and make a valuable contribution to the community.
Browse courses on
Financial Modeling
Show steps
-
Find an open-source financial modeling project to contribute to.
-
Read the project documentation and familiarize yourself with the codebase.
-
Identify an area where you can make a contribution.
-
Make your changes and submit a pull request.
Develop a financial model for your own business or startup
Show steps
Developing a financial model for your own business or startup will help you gain a deeper understanding of your business and make informed decisions about its future.
Browse courses on
Financial Modeling
Show steps
-
Define the goals of your financial model.
-
Gather the necessary data.
-
Build your financial model.
-
Test and validate your financial model.
-
Use your financial model to make decisions about your business.
Review basic accounting principles
Show steps
Understanding basic accounting principles will help you better understand the financial information that is used to calculate financial indicators.
Browse courses on
Accounting
Show steps
Show steps
Show steps
- Review your notes from an accounting course.
- Read articles or books on basic accounting.
- Take a practice quiz on basic accounting.
Watch video tutorials on financial modeling
Show steps
Watching video tutorials can help you learn how to use financial models to analyze businesses and make informed decisions.
Browse courses on
Financial Modeling
Show steps
Show steps
Show steps
- Search for video tutorials on financial modeling.
- Watch the tutorials and take notes.
- Apply what you learn to your own business or startup.
Explore online tutorials on spreadsheet formulas
Show steps
Enhance spreadsheet skills by seeking out and working through tutorials on economic formulas
Show steps
Show steps
Show steps
- Search for tutorials specific to economic formulas in spreadsheets
- Follow the steps and examples provided in the tutorials
- Practice using the formulas in a spreadsheet
Nine other activities
Expand to see all activities and additional details
Show all 12 activities
Solve practice problems on financial indicators
Show steps
Solving practice problems will help you apply the concepts you learn in the course and test your understanding.
Show steps
Show steps
Show steps
- Identify the financial indicators you need to calculate.
- Gather the necessary data from the course materials.
- Use the formulas provided in the course to calculate the indicators.
- Check your answers against the provided solutions.
Complete practice problems on economic calculations
Show steps
Reinforce understanding of economic concepts through repetitive practice problems
Show steps
Show steps
Show steps
- Find practice problems online or in textbooks
- Solve the problems using the formulas learned in the course
- Check your answers and identify areas for improvement
Discuss financial indicators with other students
Show steps
Discussing financial indicators with other students can help you learn from different perspectives and gain a deeper understanding of the topic.
Show steps
Show steps
Show steps
- Find a study partner or group.
- Choose a topic to discuss.
- Prepare for the discussion by reading the course materials and doing some research.
- Meet with your study partner or group to discuss the topic.
Set up a study group
Show steps
Connect with classmates to form a study group for the purpose of explaining difficult concepts and quizzing one another
Show steps
Show steps
Show steps
- Send out an email or post a message to classmates
- Gather a group of 3-5 students
- Decide on a regular meeting time and location
- Create a shared document or online space for group notes and resources
Develop a spreadsheet model for a startup business
Show steps
Apply economic formulas to create a practical tool for analyzing a startup business
Browse courses on
Spreadsheet Modeling
Show steps
Show steps
Show steps
- Gather data on startup costs, expenses, and revenue
- Design a spreadsheet model using the economic formulas learned in the course
- Input the data and calculate key metrics such as breakeven point and profitability
- Analyze the results and make recommendations for improving the startup's financial performance
Create a spreadsheet template for calculating financial indicators
Show steps
Creating a spreadsheet template will help you automate the process of calculating financial indicators and make it easier to track your results.
Browse courses on
Spreadsheet Software
Show steps
Show steps
Show steps
- Design the layout of your spreadsheet.
- Create formulas to calculate the financial indicators.
- Test your spreadsheet with sample data.
- Share your spreadsheet template with other students.
Launch a small business based on the principles learned in the course
Show steps
Put theory into practice by starting a small business and applying economic formulas to make informed decisions
Show steps
Show steps
Show steps
- Identify a business idea and develop a business plan
- Secure funding and resources for your business
- Implement the economic formulas learned in the course to manage your business finances
- Monitor your business performance and make adjustments as needed
- Share your experience and lessons learned with other students in the course
Contribute to an open-source financial modeling project
Show steps
Contributing to an open-source financial modeling project can help you learn from others, improve your skills, and make a valuable contribution to the community.
Browse courses on
Financial Modeling
Show steps
Show steps
Show steps
- Find an open-source financial modeling project to contribute to.
- Read the project documentation and familiarize yourself with the codebase.
- Identify an area where you can make a contribution.
- Make your changes and submit a pull request.
Develop a financial model for your own business or startup
Show steps
Developing a financial model for your own business or startup will help you gain a deeper understanding of your business and make informed decisions about its future.
Browse courses on
Financial Modeling
Show steps
Show steps
Show steps
- Define the goals of your financial model.
- Gather the necessary data.
- Build your financial model.
- Test and validate your financial model.
- Use your financial model to make decisions about your business.
Career center
Learners who complete Costs, Profit, Break-even of a Startup: Economic Calculator will develop knowledge and skills
that may be useful to these careers:
Financial Analyst
Financial Analyst
Financial analysts use economic formulas to evaluate investments and make recommendations to clients. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for financial analysts.
Management Consultant
Management Consultant
Management consultants use economic formulas to analyze business data and make recommendations to improve efficiency and profitability. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for management consultants.
Business Analyst
Business Analyst
Business analysts use economic formulas to analyze business data and make recommendations to improve efficiency and profitability. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for business analysts.
Investment Banker
Investment Banker
Investment bankers use economic formulas to evaluate investments and make recommendations to clients. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for investment bankers.
Product Manager
Product Manager
Product managers use economic formulas to analyze product data and make recommendations to improve product development. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for product managers.
Actuary
Actuary
Actuaries use economic formulas to assess risk and uncertainty. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for actuaries.
Risk Manager
Risk Manager
Risk managers use economic formulas to assess risk and uncertainty. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for risk managers.
Operations Manager
Operations Manager
Operations managers use economic formulas to analyze operational data and make recommendations to improve operational efficiency. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for operations managers.
Project Manager
Project Manager
Project managers use economic formulas to analyze project data and make recommendations to improve project outcomes. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for project managers.
Data Analyst
Data Analyst
Data analysts use economic formulas to analyze data and make recommendations to improve business outcomes. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for data analysts.
Marketing Analyst
Marketing Analyst
Marketing analysts use economic formulas to analyze marketing data and make recommendations to improve marketing campaigns. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for marketing analysts.
Market Researcher
Market Researcher
Market researchers use economic formulas to analyze market data and make recommendations to improve products and services. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for market researchers.
Tax Accountant
Tax Accountant
Tax accountants use economic formulas to calculate taxes. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for tax accountants.
Insurance Agent
Insurance Agent
Insurance agents use economic formulas to assess risk and calculate premiums. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for insurance agents.
Financial Planner
Financial Planner
Financial planners use economic formulas to help clients plan for their financial future. This course can help you develop the skills you need to succeed in this role by teaching you how to calculate costs, profits, and break-even points. You will also learn how to use spreadsheets to program economic formulas, which is a valuable skill for financial planners.
For more career information including salaries, visit:
OpenCourser.com/course/b6ethz/costs
Reading list
We've selected 15 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Costs, Profit, Break-even of a Startup: Economic Calculator.
Save
Provides practical advice on how to negotiate and structure venture capital deals. It is essential reading for entrepreneurs who are seeking funding for their startups.
Introduces the concept of the lean startup, which customer-centric approach to building a successful business. It must-read for entrepreneurs who want to learn how to validate their ideas and build products that people want.
Save
Provides a step-by-step guide to acquiring customers for your startup. It valuable resource for entrepreneurs who are struggling to generate sales.
Save
Provides a unique perspective on the world of startups. It must-read for entrepreneurs who want to learn how to build a successful company.
Explores the challenges that large companies face when they try to innovate. It valuable resource for entrepreneurs who want to understand the competitive landscape.
Provides practical advice on how to overcome the challenges of building a business. It must-read for entrepreneurs who want to learn how to succeed in the face of adversity.
Save
Provides a framework for developing a good strategy for your business. It valuable resource for entrepreneurs who want to learn how to make better decisions.
Provides practical advice on how to start and run a successful business. It valuable resource for entrepreneurs who are looking for a down-to-earth guide.
Provides insights into the challenges that small businesses face. It valuable resource for entrepreneurs who want to learn how to build a sustainable business.
Save
Provides a unique perspective on the world of work. It valuable resource for entrepreneurs who want to learn how to live a more fulfilling life.
Save
Explores the challenges that people face when they are presented with too many choices. It valuable resource for entrepreneurs who want to learn how to make better decisions.
Save
Provides insights into the way that people think. It valuable resource for entrepreneurs who want to learn how to make better decisions.
Save
Provides insights into the factors that motivate people. It valuable resource for entrepreneurs who want to learn how to create a more motivated team.
Save
Provides insights into the way that habits are formed. It valuable resource for entrepreneurs who want to learn how to create more effective habits.
Save
Provides practical advice on how to build good habits and break bad ones. It valuable resource for entrepreneurs who want to learn how to improve their productivity and achieve their goals.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/b6ethz/costs
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Time
3 hours
Via
Coursera
Institution
Coursera Project Network
Instructor
Anna Dyachkova
Good to know
Teaches learners how to calculate costs, profit, price, breakeven, and other indicators of a startup, which are core skills for business development
Develops spreadsheet programming skills for finding various types of costs based on primary information, which is standard in business operations
Suitable for learners with no economic education, making it accessible to a wider audience
Taught by instructors with expertise in business development, providing learners with valuable insights from industry professionals
May require additional resources or materials for learners without prior spreadsheet programming experience, such as access to spreadsheet software
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