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Financial Tactics and Tools to Run Your Business

Financial Tactics and Tools to Run Your Business

29mGeneral2024-08-29

Authors

Madecraft

Madecraft

Full-Service Learning Content Company

Daniel Nelson

Daniel Nelson

Course details

Building a business as an entrepreneur requires a solid foundation for navigating the basics of business. In this course, entrepreneur and business consultant, Daniel Nelson, shares accounting and business concepts to help your business thrive. Learn business definitions and quick, easy steps to creating a bookkeeping system. Gain insight on forecasting demand and basic pricing strategies. After this course, you'll be able to navigate foundational business elements with ease as an entrepreneur.

Learning objectives
Recognize accounting necessities as an entrepreneur.
Develop organizational standards for your business.
Set up bookkeeping systems.
Create operations for your financial reporting.
Build pricing strategies.

Skills covered

Small Business FinanceSmall Business and EntrepreneurshipFinance and AccountingLimited Series

Concepts

0. Introduction

  • 01 - Accounting essentials for entrepreneurs

1. Business Basics

  • 02 - Defining accounting
  • 03 - Organizing expenses
  • 04 - Identifying inventory needs
  • 05 - Managing cash flows
  • 06 - Mastering budgeting

2. Tracking Financials

  • 07 - Bookkeeping 101
  • 08 - Defining debits and credits
  • 09 - Setting up bookkeeping systems
  • 10 - Communicating financials

3. Revenue and Pricing

  • 11 - Defining revenue
  • 12 - Building financial models
  • 13 - Building pricing strategies

4. Evaluating Growth

  • 14 - Calculating CAC and LTV
  • 15 - Forecasting demand

Conclusion

  • 16 - Time to thrive

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