Shashank Agrawal, Director, Worth highlights the essentials one needs to know while raising and utilising funds, and the role accounting and finance in determining the long-term goals of a startup. This video will give young and budding entrepreneurs insight into the various dynamic facets of accounting and finance. He states the 3 steps on how one can account for the daily expenditures encountered by a startup: 1. Have a licenced version of at least a basic accounting software 2. Keep an account of all the daily expenditures, no matter how large or small 3. Maintain a habit of budgeting and bookkeeping 4. Review the expenditures and budgeting requirements on a regular basis These are some of the essentials to be kept in mind in terms of accounting and finance, as this plays a crucial role in deciding the failure of success of the company. This video was brought to you by, Wadhwani Foundation, National Entrepreneurship Network (NEN) who work with the objective of enabling entrepreneurs to grow towards upward mobility into the different verticals in the mainstream job creation ecosystem through entrepreneurship courses and by educating individuals about entrepreneurship characteristics and how to run a venture successfully. NEN, with its carefully curated learner-centric e-learning content, videos, quizzes, etc., help nurture a sense of fun -learning among the entrepreneurs from all walks of life. These videos are available anytime and anywhere on www.wfnen.org/ National Entrepreneurship Network (NEN) is the largest and oldest initiative of the Wadhwani Foundation for job creation and entrepreneurship. NEN primarily works with students, budding entrepreneurs and anyone with the entrepreneurial inkling. We focus on creating young entrepreneurs who would directly impact the employment numbers and help in sustaining economic growth. NEN helps budding entrepreneurs realise their real potential and assist them to embark on the journey where dreams become a reality. Related videos: 1. Mentorship by NEN - Helped Address the Challenges I Faced as an Entrepreneur- Kirthana Ramarapu - www.youtube.com/watch?v=rlmQCO0aPtI 2. Pranav Panpalia, on how WF-NEN Helped Him Face Challenges in his Entrepreneurial Journey - www.youtube.com/watch?v=kir9k-nqx-0 3. Ganesh V, Author, 'The Underage CEOs' On Entrepreneurship Advice for Young Entrepreneurs - www.youtube.com/watch?v=gyqCBZq7lOk 4. Entrepreneurship Advice on Becoming a Successful Entrepreneur - Eshwar, Mukunda Foods - www.youtube.com/watch?v=_U3_nPKoU_s 5. Entrepreneurship Advice on Becoming a Successful Entrepreneur - Kirthana Ramarapu, KinderDance India - www.youtube.com/watch?v=MDZEQiQkKrg To know more about Wadhwani Foundation and its initiatives: Wadhwani Foundation Website: www.wfglobal.org/ National Entrepreneurship Network: www.wfnen.org/ Global Skills Network: www.wfgsn.org/ Connect with us: Facebook: www.facebook.com/wadhwanifoundation/?fref=ts NEN Facebook: www.facebook.com/NEN/?fref=ts Twitter Handle: @WadhwaniF LinkedIn: www.linkedin.com/company-beta/3027817/ Make sure to subscribe for more such videos.

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