This learner has completed ID verification. Find out more.
Certificate of Achievement
has completed the following course:
Complete Guide to Financial Planning for Your Business
The EntrepreneurNOW! Network (ENN)
This course enabled you to an investor-worthy financial plan for your business or business idea. The financial forecasting model you have learned allowed you to create substantiated revenue and expense projections as well as a full set of financial statements you can take to investors or use to run your business on an ongoing basis. To do all of this you learned in the process the art and science of financial forecasting.
4 weeks, 3 hours per week
Ken Burke
Chief Entrepreneur Officer
The EntrepreneurNOW! Network (ENN)
Transcript
Learning outcomes
- Create a justified revenue forecast that will stand up to investor scrutiny.
- Explain what Gross Margin is and why it’s vitally important to understanding.
- Build a staffing plan, and assess when to use contractors and hire staff.
- Accurately predict your Max Negative Cash Flow and why it’s important to track it closely.
- Explain the difference between Operating Profit and Gross Margin and how each plays into the long term health and growth potential of your business.
- Identify Key Performance Indicators (KPIs) in order to drive your business forward and scale.
- Reflect on how to eliminate any fears you may have about dealing with business financials.
Syllabus
- Financial planning
- Revenue forecasting
- Understanding financial statements
- Cash flow analysis
- Staffing plan
- Key financial indicators / metrics and what they mean
Issued on 23rd February 2022
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.