the manufacturing process update ledgers please estimate manufacturing expenses & raise money...
TRANSCRIPT
THE MANUFACTURING PROCESS
UPDATE LEDGERS PLEASE
ESTIMATE MANUFACTURING EXPENSES & RAISE MONEY
FOR MANUFACTURING
HOW A BANK WORKS
WHY PIGGYBANK?
THE 5-10-5 RULE
LOAN-SAVINGS INTEREST = PROFIT
PRINCIPAL + INTEREST PAYMENTS
HOW A VC WORKS
NO INTEREST OR REPAYMENT
OWNERSHIP IN COMPANY
PARTNER IN PROFIT
C2F OF FERDINAND AND ISABELLA in 1492?
VC/BANK
YOU HAVE A CHOICE
ALL SHARES HAVE FALLEN TO 8BB
BANKS WILL LEND MULTIPLES OF 10BB @ 10% INTEREST
THE JOB SHOP
PEOPLE MOVE,NOT THE LINE
HIGHER QUALITY AND COST
LOWER CONSISTENCY
THE ASSEMBLY LINE
THE LINE MOVES, NOT PEOPLE
LOWER PRODUCTION TIME/COST
HIGHER CONSISTENCY
HENRY FORD
GENERAL STORE PRICE LIST
VP MFG – GENERAL STORE
RECORD CASH IN COMPANY LEDGER
30 minutes to MFG
FINANCE WORKSHEET B
VP FINANCE – SALARIES, RENT, INTEREST
RECORD CASH IN COMPANY LEDGER
SIGN FINANCE WORKSHEET