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.
  • 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
  • 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 & Management in Small Business
  • Financial Management for Small Business
  • Asset Management for Small Business
  • Risk Management for Small Business
  • Retirement & Estate Planning for Small Business
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials