Financial Management Course

Overview

Financial Management is the fourth 6-week course in our Launch Academy. This course helps you establish sound financial management practices and begin to understand how to budget for and finance your business’ needs.

Course Objectives

Establish financial management practices for your business
Set up an accounting system for your business and begin tracking your finances in the system
Develop your business budget to reflect your business strategy
Identify funding needs and potential funding options for your business

Weekly Sessions

Unit	Topics Covered
Introduction	Gain an understanding of the energy of money and your relationship with money, and how to align that relationship with the values of your business Learn about basic practices and systems for setting financial goals and managing your finances Develop financial goals and a plan for implementing financial practices and systems in your business
Separate Your Finances	Gain an understanding of why it is important to separate your business and personal finances as you grow your business Discuss what to look for in a business banking relationship Identify the business banking partner you want to work with and set up your business bank account with them
Track Your Finances	Gain an understanding of why it is important to start tracking your finances early on in your business growth Learn how to use a spreadsheet to begin tracking finances for your business Track the finances for your business over the past year or since you started the business
Create Your Budget: Revenue	Review how to analyze your business’ past financial data to draw trends and identify future business sales Learn how to reflect your business strategy in forecasting your business sales Forecast your startup business sales
Create Your Budget: Expenses	Review how to analyze your business’ past financial data to draw trends and identify future business costs Learn how to reflect your business strategy in forecasting your business expenses Budget your startup business expenses
Startup Financing	Learn how to use your basic business budget to identify how much startup financing your business needs Learn about the different options for helping to finance your business’ startup costs Identify how much startup financing your business needs and which startup financing option is best for your business

Course Details

Length: This course is 6 weeks (18 clock hours).

Format: This course is delivered online and combines live, interactive learning with flexible, self-paced work. Each week includes:

Weekly live, instructor-led workshops via Zoom
Online readings, videos, and applied activities you complete on your own schedule
Facilitated peer group sessions focused on learning progress and course activities

Time Commitment: You will spend about 8 hours per week engaging in workshops, coursework, and applied business-building activities.

Prerequisites: Successful completion of the first quarter of the Launch Academy, including Explore Your Idea Course, Getting Organized Course, and Communicating Effectively Course.

Enrollment Requirement: This course is only available to those enrolled in Launch Academy.

Completion: This course is completed on a Pass / No Pass basis. To pass the course, you must attend required sessions and complete all assigned course activities and final deliverables.

Support & Feedback: You will receive ongoing instructional feedback throughout the course during workshops and facilitated peer mentoring conversations.

Apply to Our Launch Academy

To take our Financial Management Course, you must be enrolled in our Launch Academy.

Apply for our Launch Academy.

Overview

Course Objectives

Weekly Sessions

Course Details

Apply to Our Launch Academy

Contact Information

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