Starting a Business 5: Managing Finances

Online Course

Future Learn
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Starting a Business 5: Managing Finances
  1. What is the course about?
  2. Prerequisites & Facts
  3. Cost, Certificate & Degree
  4. Reviews & Experiences

What is the course about?

Starting a Business 5: Managing Finances
The course Starting a Business 5: Managing Finances is an online class provided by University of Leeds through Future Learn. It may be possible to receive a verified certification or use the course to prepare for a degree.

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

Course description
  • 2 weeks
  • 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’.
  • 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
  • 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.
  • 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.
  • Completion of the courses will also enhance students’ university applications.
  • The courses can also be used as a teachers’ classroom enrichment resource.
  • Courses in this collection are also great for people that want an introduction in the specific subjects discussed in each course.
  • University of Leeds
  • As one of the UK’s largest research-based universities, the University of Leeds is a member of the prestigious Russell Group and a centre of excellence for teaching.
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Prerequisites & Facts

Starting a Business 5: Managing Finances

Course Topic

Personal Development, Personal Transformation

University, College, Institution

University of Leeds

Course Skill Level

see course summary

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

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Degree & Cost

Starting a Business 5: Managing Finances

To obtain a verified certificate from Future Learn / University of Leeds you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.
University of Leeds
Starting a Business 5: Managing Finances
provided by Future Learn
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Here you can find information, reviews and user experiences for the course “Starting a Business 5: Managing Finances“. The provider of the course – “University of Leeds” – will be glad to answer any questions you may have about the class, click here to use the offical support channels. It would be great if you could share your experience of participating in the course – Your honest review will surely help others to choose the right class!
School: University of Leeds
Topic: Business & Management, Entrepreneurship

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