The goal of this course is to provide an overview of the financial issues facing new or growing businesses including types of startup expenses, key factors to consider when determining funding needs, crucial financial statements for business success, the purpose of assumption sheets and breakeven analyses, common types of financing available for businesses, and key investment ratios used in business.
Describe the types of startup costs and essential expenses needed by a business.
Identify key factors to consider when determining funding needs of a business.
Compare and contrast the key financial statements (balance sheet, income statement, and cash flow analysis).
Explain the purpose of assumption sheets and breakeven analyses.
Discuss common types of financing.
Explain key investment ratios used in business.