Build a foundation for the financial management of your business, including an overview of financial reporting and cash flow analysis for small businesses, financial planning and budgeting techniques, working capital management and long-term asset decisions, business valuation, franchising, lease versus buy decisions, financial aspects of international trade, and different methods of obtaining capital including trade credit, loans, private placements, angel capital, and venture capital.
- Instructor: Elizabeth Cooperman
- Sample Syllabus
- 3.0 Credit Hour Course (16 Weeks)
Online Course Offering
- Offered Fall Semester
- Prerequisite: Previous Accounting Course (Undergraduate or Graduate) or Instructor Approval
The course follows a goal of maximizing the wealth of the entrepreneur from both a subjective and an objective contracting perspective including the amount of ownership that an owner must give away to obtain financing based on the firm’s valuation. It also examines financial decisions for an entrepreneurial firm to help you develop an overall strategic perspective in terms of joint decisions that must be made in terms of strategic planning and financing decisions. The course should help you understand the interaction between marketing, management, and operating decisions and the financial needs for the firm and enable you to do the financial statements for a business plan. It should also make you aware of the long-term effects of different financing decisions on the operations of a firm and the value to the entrepreneur. Your goal for the course should be to develop a “way of thinking” about and solving problems involved in the financial aspects of managing and structuring the financing for a firm over its life cycle.