The EntrepreneurNOW! Network (ENN)
- Start Date: 17 Jan, 2022
- 4 weeks
- Study Content: Videos
Master the fundamentals of business’ finances and learn to create a comprehensive three-year financial forecast for your business.
Course Fee: Free
Certificate Cost: See Fees and Eligibility
Introduction
Introduction Video
Course Description
This course is made available through the eLearnAfrica and FutureLearn partnership.
Build a robust financial plan and forecast the growth potential of your business
Having a credible financial plan lets you determine how viable a business idea is and is ultimately key to long-term business success.
On this four-week business course from The EntrepreneurNOW! Network, you’ll gain an in-depth insight into how to create a complete financial model that will cover your entire financial plan.
Develop a revenue model to forecast for any type of business
The revenue forecast anchors your entire business model, helping you manage everything from cash flow and staffing to expansion and seasonal fluctuations.
You’ll look at several different revenue models and, using examples of best practices, you’ll learn to build a model suited to your business.
By the end of this course, you’ll have created a model that lets you enter the numbers and watch the plan emerge organically, allowing you to plan for your business and prepare for success.
Discover how to build and track your staffing plan and expenses
As you create your three-year financial forecast, you’ll start looking at your business costs. This course will guide you through building your staffing model, allowing you to plan out positions and salaries, as well as any contractors required.
You’ll then move on to work through the non-staffing expenses that your business will incur with everything flowing into your financial statements and making sure you’re staying tax compliant.
Explore your financial statements for income and cash flow
Once you’ve built your financial model, you’ll be able to automatically generate income and cash flow statements, helping you to view and assess the entire business.
The final week of this course will guide you through these financial statements, helping you to better understand them so you can use your model to see the results of different financial forecasts.
This course is designed for entrepreneurs who already own a business or are looking to start one.
You will also find it useful if you’re a business owner or executive wanting to brush up on concepts such as financial strategy, revenue forecasting, and financial modelling. Students considering future career prospects in business or finance will also benefit from this course.
Excel or Google Sheets would be helpful to use for this course but is not essential. The course contains a significant amount of video content.
Certificate cost may vary. You will be redirected to the host page for cost and payment options.
The EntrepreneurNOW! Network (ENN)
This university is part of the partnership between eLearnAfrica and FutureLearn.
This institution is available on eLearnAfrica through partnership with FutureLearn.
COLLABORATION POLICY
By enrolling in a course on or through eLearnAfrica, you are joining a special worldwide community of learners. The aspiration of eLearnAfrica is to provide anyone with an internet connection access to courses from the best universities and institutions in the world and to provide our learners the best educational experience internet technology enables. You are a part of the community that will help eLearnAfrica achieve this goal. eLearnAfrica depends upon your motivation to learn the material and to do so with honesty and academic integrity. In order to participate in eLearnAfrica, you must agree to the Honor Code below and any additional terms specific to a class.
ELEARNAFRICA HONOR CODE PLEDGE
By enrolling in a course, program, or degree hosted on the eLearnAfrica App or Site, I agree that I will:
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Complete all tests and assignments on my own, unless collaboration on an assignment is explicitly permitted.
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Maintain only one user account and not let anyone else use my username and/or password.
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Not engage in any activity that would dishonestly improve my results, or improve or hurt the results of others.
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Not post answers to problems that are being used to assess student performance.
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Abide by any and all requirements of the eLearnAfrica Participants as may regard the expectations of civil or academic behavior or of community standards.
VIOLATIONS
If you are found in violation of the Terms and Conditions or Honor Code, you may be subject to one or more of the following actions:
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Receiving a zero or no credit for an assignment;
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Having any certificate earned in the course withheld or revoked;
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Being unenrolled from a course, learning program or degree program; or
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Termination of your use of the App and/or Site.
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Additional actions may be taken at the sole discretion of eLearnAfrica and eLearnAfrica course providers.
No refunds will be issued in the case of any corrective action for such violations.
Honor code violations will be determined at the sole discretion of eLearnAfrica, the Partners, or Members. You will be notified if a determination has been made that you have violated this honor code and you will be informed of the corresponding action to be taken as a result of the violation.
CHANGING THE HONOR CODE
Please note that we review and may make changes to this Honor Code from time to time. Any changes to this Honor Code will be effective immediately upon posting on this page, with an updated effective date. By accessing the App and/or Site after any changes have been made, you signify your agreement on a prospective basis to the modified Honor Code and any changes contained therein. Be sure to return to this page periodically to ensure familiarity with the most current version of this Honor Code.
Effective Date: September 22, 2016