IIRF Online > Finance & Accounting > Finance > Financial Managment > Starting a Business 5: Managing Finances
Starting a Business 5: Managing Finances by Futurelearn
Find out how forecasting and managing your finances can lead to a profitable and sustainable business.
Course Highlights
- Discuss why forecasting and planning are key skills within any successful business.
- Discuss sales revenue forecast, net profit and the purpose of a cash flow forecast.
- Evaluate the entrepreneur’s business challenge: How can Hannah make her business more profitable?
- Identify business finances in a business plan.
- Assess costs, prices, gross profit and cash flow forecasts.
Skills you will learn!
Curriculum
7 Topics
The importance of financial information
An introduction to key financial information: sales revenue forecast; profit and loss forecast; and cash flow forecast
Analysing and interpreting financial performance
How to increase profitability
Marketing a product in terms of price and number of sales
Key financial forecasts: determining the viability of a business opportunity
The business plan: business finances
Starting a Business 5: Managing Finances
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