Starting a Business 5: Managing Finances

Description

In this course, you will learn:

• The value of financial information. 
• An overview of critical financial facts, including sales revenue, profit and loss, and cash flow forecasts. 
• Analyze and understand financial performance. 
• How to enhance profits. 
• Marketing a product based on its pricing and sales volume. 
• Key financial forecasts: assessing the viability of a company proposal. 
• The business's plan includes financial information.

By the end of the course, you should be able to... 

• Discuss why forecasting and planning are essential abilities for any successful organization. 
• Discuss the expected sales revenue, net profit, and the purpose of a cash flow forecast. 
• Evaluate the entrepreneur's business challenge: How can Hannah increase her profits? 
• Determine business finances in a business plan. 
• Examine cost, price, gross profit, and cash flow projections.