Objectives:
• Understand the basics of financial management for entrepreneurs
• Learn how to analyze financial statements and make informed decisions
• Explore different sources of funding for startups
• Gain insights into financial planning and budgeting for entrepreneurial ventures
Course Content:
• Introduction to Financial Management for Entrepreneurs
• Importance of financial management for startups
• Key financial concepts and terminology
• Financial Statement Analysis
• Understanding balance sheets, income statements, and cash flow statements
• Ratio analysis for assessing financial health
• Sources of Funding for Startups
• Bootstrapping and self-funding
• Angel investors and venture capital
• Crowdfunding and other alternative funding options
• Financial Planning and Budgeting
• Creating a financial plan for your business
• Budgeting techniques and tools
• Managing cash flow effectively
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 14th – 17th Jan,2025
2ND BATCH: 13th – 16th May,2025
3RD BATCH: 23rd – 26th Sept,2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos