Starting a Business 5: Managing Finances

Online Course

University of Leeds

Future Learn

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Starting a Business 5: Managing Finances

What is the course about?
Prerequisites & Facts
Cost, Certificate & Degree
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

Business & Management, Entrepreneurship

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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