Description:
Understand how much money you may need to open your business and keep it operating. This recorded class uses a practical bakery example to help you organize startup expenses, plan for ongoing costs, and estimate the sales needed to support your business.
Topics include identifying startup purchases and expenses before opening, estimating monthly operating costs, accounting for owner pay, and planning a cash reserve for the early months. Learn to recognize commonly overlooked costs and understand the difference between making sales and having cash available.
Explore how payment timing affects cash flow, how to estimate your break-even point, and how to use your numbers to build a startup budget and set realistic sales targets.
Presented by Chris Pennington, Business Consultant with the Missouri SBDC at Missouri Southern State University. Materials include an SBDC consultation preparation worksheet, a bakery example, and a checklist of commonly overlooked costs.
Cost:
No cost.
Contact Info:
Missouri SBDC at Missouri Southern State University
Email: sbdc@mssu.edu
Phone: 417-625-3128
Partners:
Hosted by the Missouri SBDC at Missouri Southern State University. Missouri SBDC is affiliated with University of Missouri Extension and receives partial funding through a cooperative agreement with the U.S. Small Business Administration.
Sessions (dates/times):
November 2026 — One recorded session, approximately 37 minutes. Available on demand, with no scheduled live meeting time. Participants watch at their convenience after registration and may pause or replay sections as needed.
Location and Public Access:
Online training video in English. Register through Missouri SBDC eCenter, then follow the provided link to access the video. Internet access is required. Driving directions are not applicable.
The Missouri SBDC is funded in part through a cooperative agreement with the U.S. Small Business Administration. Programs are extended to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance to the SBDC hosting the event. The Missouri SBDC is a University of Missouri Extension partner.
