Create a Robust Financial Plan - Part 1 (The Fundamentals)

Short course

Online

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£ 10 VAT inc.

Description

  • Type

    Short course

  • Methodology

    Online

  • Start date

    Different dates available

"Making money is the very reason your business exists – but often, entrepreneurs don’t pay enough attention to the financials that drive the bottom line. Sound financial planning documents can not only win over investors; they’re valuable tools for monitoring the company’s progress toward profitability. In this course we’ll examine and counteract common mis-perceptions about financial planning, learn about different models for revenue and cost projections, and use worksheets to build the statements that matter most.

We have included a full financial model that you can use to build a complete financial model for your business. Please note this course does not walk you through how to use the model. This course is intended to create a solid foundation so you can move on to create a financial forecast for our business.



To learn more about creating a financial model for your business, watch the following:

Create a Robust Financial Plan – Revenue Model
Create a Robust Financial Plan – Staffing and Expense Models
Create a Robust Financial Plan – Financial Statements
In this course, you will learn:

Why can’t I outsource financials?
What numbers do investors care about, and why?
How do other parts of my business plan affect financial projections?
What do I need to make sound financial planning assumptions?
How could I be getting in my own way when it comes to financial literacy?
Which is better – a “top down” or “bottom up” planning approach?
What should I include in my revenue, staffing, and expense models?
How do my projections tie into the overall P&L?
What is COGS, anyway – and what’s so important about it?
Why do I need to track cash flow?
What does a balance sheet show that a P&L doesn’t?"

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

CPD & IPHM Certified - MCQ Exam & Tutor Support

This course is suitable for all skill levels and backgrounds. Whether you want to advance your career prospects, learn a new skill, or broaden your educational horizons this course will help you to gain a solid understanding of the core competencies required to drive a successful career in your chosen industry.

"Academic
The course is open to students of all academic backgrounds aiming to enhance their skills.

Age
At Study Plex, we invite everyone to learn. This course is open to anyone aged 16 and over.

Eligibility
If you have a basic grasp of English, numeracy and ICT, you will be eligible to enrol."

"CPD and IPHM Accredited Certificate of Achievement
Grow your career by earning CPD and IPHM accredited certificate of achievement and add extra value to your CV. On successful completion of this course, you will be eligible to order your CPD and IPHM accredited certificate of achievement (dual certificate) to demonstrate your new skills. You can also share this certificate with prospective employers and your professional network. The CPD and IPHM accredited certificate of achievement (dual certificate) can be obtained in PDF format at the nominal fee of £12; there is an additional fee to get a printed copy certificate which is £39.

Endorsed Certificate from Quality Licence Scheme
On successful completion of the course assessment, you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. This will provide you with a competitive edge in your career add extra value to your CV. You can also share this certificate with prospective employers and your professional network which will help you to drive a successful career in your chosen industry. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £85."

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This centre's achievements

2021

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 2 years

Subjects

  • Financial Training
  • Planning
  • Financial
  • Sound
  • Financial Planning

Course programme

" Introduction Financial Concepts Covered Justifying Your Financials for Best Results Justifying Your Financials Why Financials Matter Keys to Success Overcome Roadblocks to Financial Planning Financial Challenges of Entrepreneurs Financial Resolve Create Your Financial Plan Financial Projections: Top-Down Financial Projections: Bottom-Up Advantages and Disadvantages of Top-Down vs. Bottom-Up Revenue Models Financial Statements Make Your Financials Believable"

Create a Robust Financial Plan - Part 1 (The Fundamentals)

£ 10 VAT inc.