Course

Course Summary
Credit Type:
Course
ACE ID:
SDCM-0206
Organization's ID:
Finance 306
Organization:
Location:
Online
Length:
Self-paced. 16 weeks (48 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 small business finance
Description

Objective:

The course objective is to gain a thorough understanding of small business financial planning, financing, accounting, forecasting, capital budgeting, asset management and risk management concepts.

Learning Outcomes:

  • apply business models and strategic and planning fundamentals to launch a small business or entrepreneurial venture
  • evaluate sources of financing for small business and budget and forecasting procedures to determine short-term finance needs and make financial decisions
  • explain personal investment vehicles and strategies that enable the entrepreneur to plan for retirement and business succession
  • analyze financial statements and key financial ratios to evaluate strengths, weaknesses and the overall health of a business
  • explain marketing and pricing strategies and explain their role in profitability
  • apply capital budgeting, working capital management techniques, and various forms of analyses to make financial decisions about firm risk and profitability
  • analyze issues related to the management of assets, inventory, and risk
  • differentiate the forms of business ownership and the advantages and disadvantages of each

General Topics:

  • Launching a new small business
  • Types of small businesses
  • Financial planning for small business
  • Financing for small business
  • Financial statements for small business
  • Financial statement analysis for small business
  • Interest rates overview for small business
  • Financial ratios overview for small business
  • Accounting in small business
  • Forecasting in small business
  • Capital budgeting and management in small business
  • Financial management for small business
  • Asset management for small business
  • Risk management for small business
  • Retirement and estate planning for small business
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials