SMALL BUSINESS FUNDAMENTALS TRAINING

COURSE SYLLABUS

· Balance Sheet
· Current Assets
· Current Liabilities
· Deficit
· Direct Costs
· Equity
· Fixed Assets
· Fixed Costs
· Gross Profit/Loss
· Net Profit/Loss
· Income Statement
· Liquid Assets
· Liquidity
· Net Worth

III. The Balance Sheet - Discussion and forms.

IV. Current Income Statement - provides method to "build" the statement

V. Pro-Forma Statements - Balance Sheet, Income Statement and Cash flow.

VI. Cash Flow Projections - Goals, objectives and process. Why Cash Flow? Budgeting tool, goal setting device, forecasting tool, measure of progress

VII. Financial Ratio Analysis · Balance Sheet Ratio Analysis (Current ratio, quick ratio, working capital, leverage, debt/worth · Income Statement Ratio Analysis (Inventory Turnover Ratio, return on Assets, Return on investment.

VIII. Break Even Analysis & worksheet

IX. Forecasting and Obtaining Capital - Includes an outline of different sources of capital (Equity, Personal Loans, Business Loans, Leasing)

X. Applying for Capital - Minimum information business owners must make available to lenders and investors. (Discussion of business, Amount, Use of proceeds, Terms, Financial Support Documents, Financial History of Business, Personal Financial statement, etc.)

XI. Financial Management Planning