Fundamentals of Business Money Management

Duration: 1.5-3 Hours

Overview: Money is the lifeblood of any business and is key to its short and long-term success. Unfortunately, most companies fail because of poor money management. In this course, we will explore some common mistakes to avoid to make sure your business stays on top of its finances. We will also contrast profit, revenue, business expenses and cash flow.

Description: Owning a small business can be rewarding but it can also be risky. Many businesses fail because they simply run out of money. While selling and making a profit, it is easy to think your business is doing well. However, without proper business budgeting and tracking expenses diligently, you may not easily discover that your business is suffering losses.