Finance is important to any business – especially at launch and during times of growth. Success can often depend on having access to the right finance, since many profitable businesses fail simply through a lack of cash.
The purpose of this course is to assist business owners and entrepreneurs gain an understanding of the options in sourcing finance and role and importance of effective financial planning and the maintenance of records to ensure the success of an enterprise.
SUITABLE FOR: Business Start-ups and Business Owners
COURSE DURATION: 10 Hours (at learner's pace).
CERTIFICATION: Global Management Academy Certificate.
ACCESS DURATION: 90 days from the date of purchase
ILM EQUIVALENCE: E3.06 – Understanding Financial Needs of a Business (2 Credits)
WHAT WILL I LEARN?
In this course, you will learn about the different sources open to you in financing your business, whether at start up or for growth purposes, including look at venture capital options. You will learn how to attract finance and how to locate various grants available for start-ups and growing businesses.
Planning the finances of a business will also require an understanding of the principles of cash flow forecasting and break-even projections for the business. In addition, you will learn how to get started with developing a budget for a new business venture.
The content of thsi course includes:
WHAT WILL I GET IN THE COURSE?
Your Global course contains the following:
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