Last night was time to to confront Cash Flow in the 15-week entrepreneurial training course I teach for the Women's Enterprise Development Center (WEDC) in White Plains.

It's always a nerve-wracking night when students have to take their wonderful idea and see 1) is it a money-maker and 2) will it produce the income they want. Figuring out start-up expenses is fairly straightforward, but then projecting what you might make each month, for a year or 2 down the road can be very confusing. Anyone have any tips they've learned or like to share?

Ellen

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Ellen Parlapiano and Pat Cobe are authors of Mompreneurs(R): A Mother's Practical Step-by-Step Guide to Work-at-Home Success (Perigee; 2002) and Mompreneurs(R) Online (Perigee; 2001)