Understand how financial information is a critical component for controlling and growing a company
Identify financial tools to effectively manage company assets including cash, receivables, inventory, and plant and equipment
Learn to apply capital budgeting, credit management, and working capital to improve business operations
Explore the use of horizontal, vertical, and ratio analysis of financial information
Create and use financial projections for channeling and managing business resources
About this course:
This course covers aspects of financial management for owners and key employees of small to mid-size companies. Major topics include recognizing the importance and value of financial management for small and mid-size companies; understanding financial information as a critical component for controlling and growing a company; identifying financial tools for effectively managing company assets, including cash, receivables, inventory, plant and equipment; applying capital budgeting, credit management, and working capital management for improving business operations; using horizontal, vertical, and ratio analysis of financial information for effective business management; creating and using financial projections for channeling and managing business resources; and anticipating business change and how to handle it.