Manage Finances for New Business Ventures

Manage Finances for New Business Ventures

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10+

Hours of learning

Self-paced

Format

10

Number of lessons

10

Hours

Self-paced

Format

10

Lessons

About course

In this course, you will learn the essential skills and knowledge required to implement and review financial management strategies for a business. This unit is designed for individuals establishing a new business or a new venture within a larger organization. You will explore key elements such as creating financial budgets and projections, negotiating capital, managing taxation, and establishing client credit policies. The course also covers monitoring financial performance, analyzing financial data, and evaluating financial ratios against industry benchmarks. Additionally, you will learn how to assess and adjust financial strategies as needed, and how to leverage emerging digital technologies to enhance business profitability. By the end of the course, you will be equipped to effectively manage and review the financial performance of your business, ensuring it meets its financial goals and adapts to changing conditions.

Chapters

Implement Financial StrategyChapter-1
  • Utilize specialist services to prepare and complete financial information.
  • Develop financial budgets or projections to guide business planning.
  • Negotiate necessary capital and implement the business plan.
  • Manage taxation according to workplace procedures.
  • Establish client credit policies to maintain cash flow.
  • Set and monitor KPIs to ensure alignment with the business plan.
  • Record financial procedures and ensure they are communicated to relevant personnel.
  • Use existing systems to track and report on financial performance.
  • Analyze data to determine if financial goals are being met.
  • Calculate and assess financial ratios in line with industry standards and benchmarks.
  • Evaluate the financial strategy to determine if changes are needed and implement them according to workplace procedures.
  • Research and apply new digital technologies with relevant personnel to enhance business profitability.

Earn a career certificate

Add this credential to your LinkedIn profile, resume or CV. Share it on social media and in your performance review.
In this course, you will learn the essential skills and knowledge required to implement and review financial management strategies for a business. This unit is designed for individuals establishing a new business or a new venture within a larger organization. You will explore key elements such as creating financial budgets and projections, negotiating capital, managing taxation, and establishing client credit policies. The course also covers monitoring financial performance, analyzing financial data, and evaluating financial ratios against industry benchmarks. Additionally, you will learn how to assess and adjust financial strategies as needed, and how to leverage emerging digital technologies to enhance business profitability. By the end of the course, you will be equipped to effectively manage and review the financial performance of your business, ensuring it meets its financial goals and adapts to changing conditions.

Earn a career certificate

Add this credential to your LinkedIn profile, resume or CV. Share it on social media and in your performance review.
Implement Financial StrategyChapter-1
  • Utilize specialist services to prepare and complete financial information.
  • Develop financial budgets or projections to guide business planning.
  • Negotiate necessary capital and implement the business plan.
  • Manage taxation according to workplace procedures.
  • Establish client credit policies to maintain cash flow.
  • Set and monitor KPIs to ensure alignment with the business plan.
  • Record financial procedures and ensure they are communicated to relevant personnel.
  • Use existing systems to track and report on financial performance.
  • Analyze data to determine if financial goals are being met.
  • Calculate and assess financial ratios in line with industry standards and benchmarks.
  • Evaluate the financial strategy to determine if changes are needed and implement them according to workplace procedures.
  • Research and apply new digital technologies with relevant personnel to enhance business profitability.

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How do I signup and access courses?

Choose Your Plan

Select the plan that’s right for you – Free Trial or Full Access.

Create Your Account

Set up your learner profile with just a few details.

Confirm Your Email

Check your inbox to verify your email and activate your account.

Access Your Course

Dive into your course and begin learning immediately.

What our customers say?

Sarah Mitchell

“The courses at Emerging Leadership Institute have been transformative for my business. The practical insights on leadership and project management have helped me streamline operations and improve overall efficiency. The 24-hour free trial was an excellent way to explore the content before committing.”

James Carter

“I enrolled in the Individual Growth Plan, and it has been worth every penny. The flexibility to learn at my own pace, combined with the in-depth course material, has significantly enhanced my skills in managing complex projects. The certificate I received is a valuable addition to my professional credentials.”

Emily Rodriguez

“The Emerging Leadership Institute has been instrumental in my personal and professional growth. The courses on workplace efficiency and leadership management have equipped me with the tools to lead my team effectively. I highly recommend their courses to anyone looking to advance their career.”

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