Free Online Course: Starting a Business 5: Managing Finances

Deadline : 19 Feb 2020

Nonprofit organization: Future Learn

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Study level: Undergraduate

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Free Online Course: Starting a Business 5: Managing Finances

Future Learn offers a free online course about how to start a business. This course is the fifth in a series of six courses. and it is entitled: "Starting a Business 5: Managing Finances".

The management of finances is crucial to a successful business; financial information provides the evidence to support your decisions about a business and helps to justify those decisions when you present them to other people. Whether you have an idea for a future venture or you already have a side-line business whilst studying, this course will introduce you to key financial information and gives you a chance to discuss your ideas with others.

Course Topics:

  1. The importance of financial information.
  2. An introduction to key financial information: sales revenue forecast; profit and loss forecast; and cash flow forecast.
  3. Analysing and interpreting financial performance.
  4. How to increase profitability.
  5. Marketing a product in terms of price and number of sales.
  6. Key financial forecasts: determining the viability of a business opportunity.
  7. The business plan: business finances.

Course Aims:

By the end of the course, you'll be able to:

  1. Discuss why forecasting and planning are key skills within any successful business.
  2. Discuss sales revenue forecast, net profit and the purpose of a cash flow forecast.
  3. Evaluate the entrepreneur’s business challenge.
  4. Identify business finances in a business plan.
  5. Assess costs, prices, gross profit and cash flow forecasts.

Who is the course for?

  • Students at schools and colleges.
  • Teachers’ classroom enrichment resource.
  • People that want an introduction in the specific subjects discussed in each course.

About the Tutor:

This course will be given by Richard Tunstall who is a lecturer in Enterprise at the University of Leeds, and who is very passionate about entrepreneurship.

Interests
  • Entrepreneurship
  • Finance
  • Business
Opportunity Targets
  • Anyone Interested
Required Documents
  • others
Funding : Partial funding
Funding Coverage
  • Other
Languages
  • English

Do not forget to mention Mina7 in your application.

Area: Online

Opportunities: Workshops & Trainings , Grants

Host Country: Online Courses

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