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!
