Plan Finances for New Business Ventures

Plan 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 identify and plan the financial requirements of a business. This includes setting profit targets, preparing cash flow projections, and developing strategies to secure financial support. You will explore key elements such as calculating costs, pricing strategies, and break-even analysis to assess the viability of a business venture. The course also covers the creation of financial plans, including cash flow management and budgeting, ensuring that all financial activities comply with legal requirements. By the end of the course, you will be equipped to develop comprehensive financial plans that support the successful operation and growth of your business.

Chapters

Prepare to Plan FinancesChapter-1
  • Identify costs associated with production and delivery of business products and/or services
  • Set profit targets according to business venture requirements and workplace procedures
  • Calculate prices based on costs and profit targets, as a charge-out rate for labour or unit price for products and/or services
  • Calculate break-even sales point to assess viability of business venture
  • Evaluate and select pricing strategies in relation to market conditions to meet profit targets and according to workplace procedures
  • Prepare projected profit statement to supplement business plan
  • Identify working capital requirements necessary to attain profit projections
  • Identify non-current asset requirements and consider alternative asset management strategies
  • Prepare cash flow projections to enable business operation according to business plan and legal requirements
  • Identify capital investment requirements accurately for each operational period
  • Select budget targets to enable ongoing monitoring of financial performance
  • Identify start-up and ongoing financial requirements according to financial plan and budget
  • Identify sources of finance for required liquidity according to business goals and objectives and workplace procedures
  • Research and assess cost of securing finance on optimal terms
  • Develop strategies to obtain finance as required to ensure financial viability of business venture

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 identify and plan the financial requirements of a business. This includes setting profit targets, preparing cash flow projections, and developing strategies to secure financial support. You will explore key elements such as calculating costs, pricing strategies, and break-even analysis to assess the viability of a business venture. The course also covers the creation of financial plans, including cash flow management and budgeting, ensuring that all financial activities comply with legal requirements. By the end of the course, you will be equipped to develop comprehensive financial plans that support the successful operation and growth of your business.

Earn a career certificate

Add this credential to your LinkedIn profile, resume or CV. Share it on social media and in your performance review.
Prepare to Plan FinancesChapter-1
  • Identify costs associated with production and delivery of business products and/or services
  • Set profit targets according to business venture requirements and workplace procedures
  • Calculate prices based on costs and profit targets, as a charge-out rate for labour or unit price for products and/or services
  • Calculate break-even sales point to assess viability of business venture
  • Evaluate and select pricing strategies in relation to market conditions to meet profit targets and according to workplace procedures
  • Prepare projected profit statement to supplement business plan
  • Identify working capital requirements necessary to attain profit projections
  • Identify non-current asset requirements and consider alternative asset management strategies
  • Prepare cash flow projections to enable business operation according to business plan and legal requirements
  • Identify capital investment requirements accurately for each operational period
  • Select budget targets to enable ongoing monitoring of financial performance
  • Identify start-up and ongoing financial requirements according to financial plan and budget
  • Identify sources of finance for required liquidity according to business goals and objectives and workplace procedures
  • Research and assess cost of securing finance on optimal terms
  • Develop strategies to obtain finance as required to ensure financial viability of business venture

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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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We offer a variety of courses focused on Leadership Management, Entrepreneurship, Workplace Efficiency, and Project Management. Our curriculum is designed to equip you with the skills and knowledge needed to excel in today’s competitive professional landscape.
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