Finance 101 for Entrepreneurs

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 six-month complimentary subscription to Inc. Magazine. Your subscription will start with the current issue. Inc. Magazine publishes 6 issues a year. Learning Outcomes 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