THE TEF 2022 ELEVATOR PITCH VIDEO UPLOAD AND FINANCIAL REPORTING RECAP

TEF ELEVATOR PITCH VIDEO UPLOAD AND FINANCIAL REPORTING RECAP
During this session, I will be focusing on the two most important aspects of your business: (1) your ELEVATOR PITCH, and (2) your FINANCIAL REPORTING. We will explore the question, "What exactly is an Elevator Pitch?" It is a brief and persuasive speech that you make to stimulate people's interest in what it is that your business does, A successful elevator pitch should only take up the time of a short journey in an elevator, which is often between 20 and 30 seconds, but in TEF, you are required to make it last between two and three minutes.
A concise overview of a concept, product, or business that may be comprehended in a short amount of time is called a "elevator pitch." This explains not just who the item is for but also what it accomplishes, why it is necessary, and how it should be completed.
While The practice of recording and discussing a business's performance operations and performance across certain time periods, most often on a quarterly or annual basis, is referred to as financial reporting. On the other side, financial reporting is the process of creating statements that reveal your financial performance of the business to management, investors, and the government. This information is provided by your business.
Financial reports are also vital in the projections of future profitability, industry position, and development; also, many financial reports are open for examination by the general public. When reporting financial data, there are many major statements that should be used, and the information that you provide in these papers should serve several fundamental purposes of financial reporting, including the following:
(1) Tracking cash flow
(2) Evaluating assets and liabilities
(3) Analyzing shareholder equity
(4) Measuring profitability
The following documents make up the primary records of a company's financial activities:
Types of financial reports:
BALANCE SHEET
A balance sheet is a financial statement that details an organization's total assets, liabilities, and equity at a given point in time. A quick examination of the balance sheet will show you the total assets, after deducting the equity and the liabilities from those totals.
INCOME STATEMENT:
If a business intends to list its shares on a stock market, an income statement will detail the effectiveness of the business in terms of sales, net income, costs, and profits per capital share. Some businesses may refer to the income statement as the profit-and-loss statement, while others will refer to it simply as the P&L statement. Both names relate to the same document, which is the income statement.
CASH FLOW STATEMENT:
The statement of cash flows is an essential tool for determining how effectively a company is able to produce cash flow to satisfy its financial obligations. The cash flow statement is another important tool that investors may use to get useful information about whether or not a company provides a greater investment risk. In contrast to the balance sheet and income statement, which both need certain computations in order to accurately record monetary values, the cash flow statement generally consists of the following four components:
(1) Operational activities
(2) Primary investment activities
(3) Secondary investment activities
(4) Financing activities
STATEMENT OF SHAREHOLDER EQUITY:
This function is served by the statement of shareholder equity, which provides information on the sums that important stakeholders and owners have invested in a firm. These investments consist of firm stocks and other assets, some of which are entitled to dividend payments at certain intervals.
And here is where the Tony Elumelu Foundation (TEF) comes into the picture with their laudable initiative to annually finance and assist Micro, Small, and Medium Enterprises (MSMEs) in Africa with $5,000.
This video is realistically and particularly made for you, as well as for everyone else who is currently going through the application process for this year (2022). If you do not have a laptop, but you want to finish your Financial Reporting on your phone and submit it early, then this video is for you. It is also made for everyone else who is going through the application process for this year.
Good Luck my dear friends.
#empoweredbytef #abrahamorukpe #TEF #TheTonyElumeluFoundation

[@tobilobaodedairo3810]

Glad to be here. Good evening sir.

[@abrahamoorukpe]

You are welcome onboard 🥰

[@faithajokpa9483]

Thank you very much Mr Abraham 🙏

[@abrahamoorukpe]

You are welcome 🙂

[@hadiaramalam6678]

Thank you very much

[@abrahamoorukpe]

You are 🤗

[@onojaarome4285]

You're doing a very good job...more 💪💪💪

[@abrahamoorukpe]

Thanks you are welcome

[@faithajokpa9483]

On the Tax, how do we calculate it as startups ?

[@abrahamoorukpe]

Your question is not clear !

[@omosolashowale9375]

Is it necessary to use microphone to be very audible?

[@abrahamoorukpe]

Yes, it's important if you can get kindly do because you must put n all your best cards (efforts) into this dear Omosola, but if you don't have ensure you use I good phone with nice audio recording and clear camera. Good luck

[@lindaadoba3248]

please how do we fit the summary into 2 pages

[@abrahamoorukpe]

Is to ensure you work with area that are required for Pitching 👍

[@tobilobaodedairo3810]

Please sir, when pitching, should we sit down or stand up?

[@abrahamoorukpe]

Kindly take a comfortable position but if I was to be you I'd stand in front of the 🤳 📸

[@tobilobaodedairo3810]

@@abrahamoorukpe alright sir. Thanks a lot.

[@ifeanyichukwusylvester4858]

Oga Abraham I greet you Sir
Please can you teach me or help me edit my video

[@heritagevet9907]

How do I contact you?

[@abrahamoorukpe]

[phone] Whatsapp