Financial Management for Small Business and Entrepreneurs

This course will provide an understanding of the basic financial tools available for the small entrepreneur. The course content will cover the preparation of financial statements: balance sheets, income statements, net cash flow, etc. forms of business organization for small business proprietorship, partnership, and corporation and the advantages and disadvantages of each form sources of capital: how and where to get money to start a business, operate a business, and expand a business budgeting: cash flow and cash flow prediction record keeping and inventory management credit and collection: how and when to extend credit and how to collect ethics in small business.