ENTREPRENEURIAL FINANCE

Catalog description

The course covers the financial aspects of small business entrepreneurship for owners of sole proprietorships, partnerships, and small nonpublic corporations. Areas of focus include updated financial statement coverage; forecasting definitions and formulas; equipment replacement by using the low-cost model; application of operation techniques to examples of small businesses, including capital budgeting and working capital management; use of financial statements for horizontal, vertical, and ratio analysis; and basic math formulas for readers with limited mathematical backgrounds. Prerequisite: MGMT2750 or MGMT2700 (4 credits)