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Finance 101 for Entrepreneurs

Course Description

This completely online and self-paced one-module course utilizes Inc. Magazine's prize-winning editorial content to introduce basic concepts of finance, including startup financing; pricing; cash flow; and financial ratios. The focus is on providing practical, hands-on advice to entrepreneurs and small-business people, including video segments with analysis and commentary from industry-leading practitioners and subject matter experts. The course also offers real-world examples, how-to lists and advice, interactive games, and review questions to ensure mastery of the material.

Included with your course is a one (1) year complimentary subscription to Inc. Magazine ($19.99 value). Your subscription will start with the current issue. Inc. Magazine publishes 6 issues a year.

This program is open enrollment (fully online) and can begin within 2-3 business days of registration.

Registration is ongoing throughout 2021.

Estimated time to complete: 3 hours

This program awards .3 CEUs

Access to this program is 90 days.

Learning Outcomes

After completing this course, the learner should be able to:

• Articulate the key principles of financial management
• Read and understand a financial statement
• Distinguish between the most common types of startup financing
• Explain the difference between fixed and variable costs
• Devise a pricing strategy for your company's product or service
• Use cash budgeting to anticipate possible cash-flow problems
• Identify the most important financial ratios, and explain the significance of each
• Articulate strategies for maintaining a positive cash flow
• Perform a break-even analysis and explain its importance to your strategic planning
• Discuss budgeting approaches that can be taken during an economic downturn
• Explain the factors and metrics that should be taken into account when evaluating a possible acquisition

Key Features

• Expert-supported
• Mobile-friendly
• Accessible
• Badge and credit-awarding
• Games & Flashcards
• Video content
• Real-world case studies
• Audio-enabled in app

Notes

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

This course does not require any additional purchases of supplementary materials.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs. Learners will have three attempts at all graded assessments.

Instructor : MindEdge
Dates : 10/31/21
Days : Online
From : -
Fee : $ 79.00
Course Number : ME-117

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