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New Venture Creation: Financial Requirements (SP5).

Is a lack of financial knowledge preventing you from creating a new business venture for yourself?
Well, look no further than this Financial Requirements course.

5 students enrolled

Is a lack of financial knowledge preventing you from creating a new business venture for yourself? Well, look no further than this Financial Requirements course.

In this course, you will be exposed to the means of, Determining financial requirements, Producing a business plan for a new venture, and Managing finances for a new venture.

By the end of this course, you will have an understanding of:

  • The principles and skills of financial and cash flow planning.
  • The principles and techniques for pricing and costing.
  • The principles of generating start-up capital and working capital for a new venture.
  • Techniques for compiling cash flow forecasts.
  • Skills for determining profit and loss in an own business context.
  • The basic principles of compiling budgets.
  • Basic budget management principles.
  • The basic principles of compiling financial plans and how they fit into a business plan.
  • Techniques for researching funding resources.
  • The principles of researching and compiling a business plan.
  • A basic understanding of how to compile organograms and define the business functions related thereto.
  • An understanding of legal compliances affecting new ventures.
  • The applications of a business plan, including an application for funding and for the management of a new venture.
  • An understanding of types of business ownership.
  • An understanding of new venture resource requirements.
  • An understanding of how to set business and operational objectives for inclusion in a business plan.
  • A basic understanding of financial controls and books of accounts is required to manage a business, including cash books, journals, ledgers, and balance sheets.
  • An understanding of how to select suitable accounting/financial support resources.
  • A basic understanding of financial concepts including start-up capital, working capital, cash flow management, profit forecasts, and management of assets and liabilities.
  • A basic understanding of taxation requirements is required in the administration of finances.
  • A basic understanding of income and expenditure and how to interpret this for a small business.

Don’t miss out on this course to learn all your business requirements!

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Includes

5 hours
49 lectures
Full lifetime access
Access on mobile and TV

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