Entertainment Business Finance Entry

I learned a lot from this class financial wise. It was a big helper for me personally, because before Full Sail when I was attending business class, I was so clueless on the financials section. I even used the sba business plan template to create mine. Some other things I learned is that you should select realistic goals when dealing with numbers because it will show investors that you are serious and could increase the chance of a business loan approval. For instance: when I have all my personal capital together for licensing, I feel myself being more than confident on marching in for a business loan and in a suit with my notes in hand. The capital part was always a big confusion to me and google could tell some of everything, but not all of everything. I am grateful for this course because I could use the videos and notes in the future to help me out as a refresher just in case, I need to retain these certain terms and methods again. When I was going over the presentations I was thinking that we had to write out the real formulas, but professor always gave us a simpler way to do it where didn’t do to much but enough at the same time. When I share some of this with my friends from other schools, they find themselves engulfed in so much envy because they must do the whole formulas from start to finish. Last but least I enjoyed the pro forma template as I do plan to use that in the future with my own business plan. If he didn’t tell us to be realistic I probably would’ve said I was gonna make a million dollars my first month like I’m this famous person when it reality I might not even see a quarter of that.