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Starting a Business 5: Managing Finances 

  • Offered byFutureLearn

Starting a Business 5: Managing Finances
 at 
FutureLearn 
Overview

Find out how forecasting and managing your finances can lead to a profitable and sustainable business.

Duration

2 weeks

Mode of learning

Online

Difficulty level

Intermediate

Credential

Certificate

Starting a Business 5: Managing Finances
 at 
FutureLearn 
Highlights

  • Access to this course for 4 weeks
  • Offered by University of Leeds
Details Icon

Starting a Business 5: Managing Finances
 at 
FutureLearn 
Course details

Skills you will learn
SalesForecasting
Who should do this course?
  • This course is part of the Going to University collection which has been specifically designed for students at schools and colleges. They provide a taster of undergraduate study at the University of Leeds and help students to decide which subject to study at university.
More about this course
  • The management of finances is crucial to a successful business; financial information provides the evidence to support your decisions about a business and helps to justify those decisions when you present them to other people. Whether you have an idea for a future venture or you already have a side-line business whilst studying, this course will introduce you to key financial information and gives you a chance to discuss your ideas with others.This course is the fifth in a series of six about ??starting a business??.

Starting a Business 5: Managing Finances
 at 
FutureLearn 
Curriculum

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.

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Starting a Business 5: Managing Finances
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