Confused About Finance? A Simple Guide for Entrepreneurs.

February 27, 2025

Confused About Finance? A Simple Guide for Entrepreneurs.

Many may find finance to be a bit challenging especially if they haven’t dealt with anything finance related in the past. Even so, the fundamentals can provide remarkable results for any entrepreneur or business owner. For that purpose, Digital Masterjee has partnered with Professors Sanjay Kathuria and Vishal Thakkar to offer a course that simplifies finance. It is suitable for entrepreneurs, students, and any other individuals looking to learn the basics of finance with little to no expertise in the field.

Who is This Course For?

This course is particularly beneficial to entrepreneurs, especially women entrepreneurs as well as students looking to understand the finance aspect of a business. If you fall under the category of people who find financial statistics and analytics intimidating, this course is set out to simplify it for you. The objective is to cover finance for all, irrespective of their field of work.

Key Learning Outcomes

The classroom sessions are crafted so as to provide a few invaluable takeaways that can greatly improve your business.

1. Understand Key Financial Terms

Retaining basic elements of finance should not be intimidating. This course seeks to help define the core elements of finance and how they are used during business activites.

2. Learn Financial Ratios

Evaluation of a business’s financial activities tends to greatly rely on financial ratios. You will be taught how to compute key profitability, liquidity, and even solvency ratios and be well informed on how these business strategies affect decisions made.

3. Make Decisions Based on Data

As the saying goes, “data is king.” The program shows you how to make important operational choices in an organization from data. In the business world, data comprehension enables strategic decisions to be informed to improve the company’s growth.

4. Make Profit And Loss Statements

Knowing how to make a Profit and Loss statement is critical in analyzing how well your business is performing. This course will take you through the process of preparing the accounts and analyzing the overall results.

5. Create A Balance Sheet

A Balance Sheet is considered the snapshot of a company’s financial position at any given time. This course guides you on how you can draft this financial document and helps you analyze your business assets, liabilities, and equity.

6. Comprehend Liabilities

The course also differentiates between long-term and short-term liabilities. Due to the nature of business cash flow, expense planning necessitates the differentiation of these liabilities which is critical for the efficient management of a business.

7. Employ A Full Business Dashboard

A full business dashboard can help users track and monitor the most important financial figures in a business or a company. This tool allows users to be more efficient in managing their businesses and helps them understand how they need to run their business effectively.

8. Stay Clear From The Path Of Bankruptcy

A huge threat for businesses can be going bankrupt. This course will show how to avoid going bankrupt by managing finances and strategy in a timely manner.

9. And Above All

The course includes much more, giving you the requisite chances that are essential for a business owner to flourish.

Why This Course?

In today’s blistering world of business, knowing the basics of financing is a must. Regardless if you are trying to manage a startup or looking to expand your current business, this course will help you succeed.

With Professors Sanjay Kathuria and Vishal Thakkar, you’re sure to be able to tackle common financial issues that will allow you to make better decisions that will save you quite a bit of money moving forward.

Upon completion of this course, you should be able to perform critical financial actions such as preparing financial statements and making strategic choices to propel the business forward.

Ending Statements

This course is an excellent choice for those who do not work in finance but seek to enhance their financial literacy and their business performance. It gets directly into the point of understanding ratios and even protecting against bankruptcy in a way that everyone can understand.

Start building a stronger, more financially savvy business today, and don’t let finances constrain you – just enroll in this course!

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