ENTR 1920 - Capitalizing and Financial Management for Small Business
2 Credits
This course will provide the student with the basics of raising money for his or her business, along with gaining a basic understanding of the financial management aspects of any small business. The student will be exposed to the various methods of raising both start-up capital and capital for continuing operations. The methods for raising money presented in the class include bank loans, SBA loans, other debt instruments, venture capital, equity financing, and Federal Grant opportunities. The stdent will also learn the basic, common-sense aspects of money management including understanding cash flow, basic spreadsheets, and monthly/quarterly and annual financial requirements for tax purposes.
Learning Outcomes
Develop an organized system for keeping track of all money going into and out of the business. Research and determine how the Small Business Administration can help small business with programs and loan guarantees. Create cash flow spreadsheet to determine cash needs of a small business. Create a financing plan for the raising of the funds necessary to start his or her business. Compute the money necessary to start his or her small business. Learn the federal and state tax implications of a small business.
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