This course is designed to position entrepreneurs and small business owners, towards financial success in the early or growth stage of the small business.
DurationSuccessful businesses understand business finances such as cash flow and handling credit, which is necessary for growth.
This course is designed to position entrepreneurs and small business owners, towards financial success in the early or growth stage of the small business.
Students will examine and evaluate the business’s credit position, sources of external funding and the overall financial health of the small business.
Course Details:
By completion of this course, successful students will be able to:
Formulate a financial vision for a start-up or small to medium-sized enterprise
Identify financial limitations and how to mitigate financial risk
Estimate new venture start-up costs and project a sales forecast
Explain how cash is the lifeblood of a business, not profit
Create a cash flow projection and a proforma income statement
Use ratios to measure the financial health of a business
Describe the credit position of the business
Recognize funding sources available for start-ups and small businesses
Determine the types of financing and which are best suited to a particular type of business
Distinguish between the pros and cons of debt vs. equity
To provide high-quality educational opportunities for lifelong learners, regionally and globally, thereby empowering people and transforming communities for a better future.
Vision
To champion the University of Calgary as a leader in continuing and lifelong learning.
Mandate
To expand access to lifelong learning.
To offer a wide range of seminars, courses, and programs for individuals and organizations seeking professional development, academic preparation, and personal enrichment.
To work across the University of Calgary to develop and deliver innovative continuing education programs for professionals, scholars, artists, and members of the community at large.
To partner with industry, educational institutions, governments, and non-profits to deliver mutually beneficial initiatives, programs, and services.
Intrapreneurship has been described as a great way to make beneficial changes to your organization. People can choose to continue with the status quo, or they can work to make a difference in the lives of themselves and others within the company.
You'll develop your business language and learn the essentials of entrepreneurship. Seriously, if you want a career in business, either for a company or yourself, don't miss this first crucial step
This practical course provides the student with an introduction to the requirements of operating a small business. Topics covered include opportunities and challenges faced by small businesses, evaluating business opportunities, risk assessment, and development of a business plan.
Entrepreneurship involves developing and managing a business venture. Entrepreneurs build and scale new business ideas while taking on financial risks in the hopes of profit.
This program, whose pedagogy is focused on coaching, aims to allow the student to grasp the practice of the activities that he will have to deploy to succeed in business.
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