Objectives
The objectives of this module are for each team to gain:
- a basic familiarity with financial terms
- how to identify fixed and variable costs of the business
- how to establish prices and cost of goods sold (COGs)
- how to create a break-even analysis
- how to establish and validate assumptions
In addition, we also seek to provide you with:
- a perspective on what lenders and investors might want to know about your co-op (and why)
