Start Your Own Business: Financial Viability for a New Venture
- Offered byFutureLearn
Start Your Own Business: Financial Viability for a New Venture at FutureLearn Overview
Start Your Own Business: Financial Viability for a New Venture
at FutureLearn
Duration | 2 weeks |
Total fee | ₹900 |
Mode of learning | Online |
Credential | Certificate |
Start Your Own Business: Financial Viability for a New Venture at FutureLearn Highlights
Start Your Own Business: Financial Viability for a New Venture
at FutureLearn
- Earn a certificate upon completion
Start Your Own Business: Financial Viability for a New Venture at FutureLearn Course details
Start Your Own Business: Financial Viability for a New Venture
at FutureLearn
Skills you will learn
What are the course deliverables?
- Assessing the financial viability of your venture
- Pricing your product or service
- Sales and revenue forecasting
- Legal entities, their implications and intellectual property
- Sources of funding and support
More about this course
- On this two-week course from The Open University, you’ll learn to evaluate the financial viability of your venture using tools to forecast cash flow, assess profitability, and understand a statement of financial position
- You’ll discover how to judge the impact of changing aspects of your business idea and understand whether this may lead to success or not
- You’ll also learn the strategies for financial survival with the low levels of resources that most new ventures will have available
- You’ll also understand why even profitable businesses can fail and how you can effectively plan so this doesn’t happen to you
- You’ll uncover the different legal formats you can choose for your venture, from sole traders and partnerships to limited companies and social enterprises
Start Your Own Business: Financial Viability for a New Venture at FutureLearn Curriculum
Start Your Own Business: Financial Viability for a New Venture
at FutureLearn
Financial perspectives
Welcome
Measuring success
Calculating profit
The cash flow forecast
Regulations, advice and funding
General financial and regulatory issues
Choosing a structure for your business
Further help, advice and funding
Review
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Student Forum
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