The course describes the methods used to finance a business. You will investigate sources of financing, learn how to approach leaders and examine the basic forms of collateral security. You will also prepare a statement of projected costs and sources of funding for your business. The course describes financial projections focusing on the projected cash flow statement and projected income and expense statements and uses the information to determine the breakeven point and return on investment. You will develop a financial strategy for your business.
Prerequisites: Operational Strategy (BUS 154), Human Resource Strategy (HR 145)
Entrepreneurship and Small Business