Financial Forecasting Course – Uptima Entrepreneur Cooperative

Overview

In our Financial Forecasting Course, you will review the key components of a business’ financial forecast and refine your financial forecast for your business. This course is 6-weeks long and is suited for entrepreneurs who are looking to gain a better understanding of the numbers behind their business and create a realistic financial forecast for growth and funding.

What You Will Learn

Unit	Topics Covered
Money Mindset	Gain an understanding of the energy of money, your relationship with money, and how that plays into your business’ finances Learn how to separate your personal and business finances Create a personal budget to understand how much money you need to earn to maintain your household expenses
Contribution Margins	Gain an understanding of fixed and variable costs in a business Identify your business’ cost structure Calculate contribution margins for each of your products and services
Customer Lifetime Value	Gain an understanding of customer acquisition cost and customer lifetime value as key financial metrics Identify the costs associated with acquiring and serving customers Use business data to calculate your customer acquisition cost and customer lifetime value
Forecasting Expenses	Gain an understanding of the role financial statements play in a business and learn how to read a profit & loss statement Learn how to translate cost structure into an expense forecast Develop an expense forecast for your business
Forecasting Revenue	Review your business’ current revenues stream and identify future revenue streams Learn how to translate revenue streams into a revenue forecast Develop a revenue forecast for your business
Forecasting Cash Flow	Learn how to forecast and manage cash flow Gain an understanding of how to use the cash flow forecast to determine short and long-term funding needs Develop a cash flow projection and identify funding needs for your business

Prerequisites

Must be making sales to customers or have letters of intent for sales to potential customers, have a basic website and social media for your business, and have an up-to-date business plan.

Commit to Building Your Business

Average time commitment for our Financial Forecasting Course is 8 hours / week dedicated to building your business, and includes the following weekly activities:

Title	Weekly  Activity	Weekly Commitment
Background Materials	Series of required background readings and videos on each unit to be completed online prior to the weekly workshop sessions Describes concepts and their applications in developing a business	1-2 hours / week
Workshops	Weekly workshop sessions led by an expert instructor Lecture and discussion on background materials, group activities, and reflection	2 hours / week
Business Development Activities	Weekly activities focused on your business development Apply concepts learned in background materials and workshops	3-4 hours / week
Peer Mentoring	Weekly video conference with small peer group of other entrepreneurs in your course Present weekly business development activities and receive constructive feedback from peers	1 hour / week

Meet Your Mentors

Apply for Our Entrepreneur Academy

To take our Financial Forecasting Course, you must be enrolled in our Entrepreneur Academy.

Our Entrepreneur Academy is a year-long entrepreneurship certificate program to support small business owners in creating plans, improving operations, accessing capital, and developing leadership capabilities to build resilient businesses with social impact.

Learn More About Our Entrepreneur Academy

Apply for Our Entrepreneur Academy