Finance Fundamentals for Business
Course description
Finance Fundamentals for Business covers essential financial forecasting skills for small businesses and aspiring entrepreneurs.
Learn to prepare comprehensive financial forecasts, understand startup funding needs, and explore strategies for presenting robust financial plans to banks or investors.
Start Anytime | Duration 24 Hours | Price $425 + GST | Availability Open | Delivery Format Online self-directed |
Learning outcomes
After completing this course, learners will enhance their strategic decision-making, communication skills and the ability to secure financing for their business.
By mastering key concepts in financial planning, expense management, and strategic forecasting, learners will confidently create detailed financial reports and adapt to unexpected challenges with ease.
- Create a 12-month financial forecast covering income statements and opening balance sheets
- Calculate total funding required for the first 12 months, covering startup capital and financing sources, where debts are integrated into projections
- Use financial projections to strengthen business presentations and support future growth
- Develop contingency plans and adjust financial forecasts for unexpected events.
Course topics
Topic 1 | Introduction to financial forecasting Understand and become familiar with terms like assets, liabilities, expenses, revenue and equity | Topic 2 | Projecting sales with assumptions Create sales projections based on assumptions and evaluate their effectiveness by comparing their projections to potential real-world scenarios |
Topic 3 | Manage key expenses and financial records Learn to manage and track key business expenses and financial records to draw realistic and reasonable net income projections for a business | Topic 4 | Assets, liabilities and equity Understand assets, liabilities and equity and their relationship to revenue and expenses. |
Topic 5 | Payments and forecasting Understand types of loans and repayment schedules and how to pay them effectively |
Career pathways
This Micro Credential provides foundational financial planning skills applicable to a wide range of industries, including small business management, entrepreneurship, finance, marketing and consulting. These skills are relevant for anyone looking to build a sustainable business or understand and communicate financial strategies more effectively.
Why enroll in this course?
Practical, self-paced learning, with support from industry experts | Projects that you can include in your own work or portfolio | Earn a digital badge to showcase & share your skills | Customize your learning path to match your career goals and earn higher credentials |
Course completion
This non-credit course runs for 12 consecutive weeks, during which you’ll complete graded assignments and assessments to demonstrate your skills and competency. All coursework must be submitted within the 12-week timeframe. To successfully complete the course and earn a digital badge, you must achieve an overall grade of 70% or higher.
Instructor bio
Martin Kim has spent over a decade helping businesses secure funding and build sustainable financial structures. As the Founder and CEO of Hawk Capital Ltd., he has structured financing solutions that have enabled entrepreneurs and mid-sized companies to obtain the capital needed to scale their operations. He also serves as the Head of the Commercial Division at RTC Mortgage, specializing in business lending, commercial real estate financing, and strategic financial planning.
With extensive hands-on experience as a business lender and commercial lender at an institutional bank, Martin has played a critical role in analyzing and funding small and mid-sized businesses. Having worked as both an underwriter and a relationship manager, he understands what it takes to secure funding and develop financial strategies that drive long-term success.
How to register
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