Business Financial Literacy Training
We have created a comprehensive ‘Business Finance 101’ course for owners and managers. Designed to help newer or established business get a fundamental understanding of the metrics required to evaluate a business, we also offer the ability to use the company’s current financial statements as a backdrop and dataset. This ensures that people involved with the business are getting information that is relevant and immediately useful to them.
Topics Covered:
- The Balance Sheet (value of your business and financial condition)
- Profit and Loss Statement (how much money are you making??)
- Raising Capital (using other peoples money to grow)
- Using Capital (help! I’m making too much money! what can I do with it?)
- Risk Management and Insurance (what can go wrong and how can I prepare for that?)
- Business Structure and Formation Basics (pros and cons of the alphabet soup of entity types)
Personal Financial Literacy Training
In addition to financial literacy for businesses, we also provide a financial literacy training program for individuals. Appropriate for anyone from a high school graduate to a retired business owner, this approachable set of lessons will help arm nearly anyone with the financial knowledge needed to create confidence and peace of mind within the areas of personal finance.
Topics Covered:
- Earning (wages, benefits, and a bit about payroll taxes)
- Saving (balance sheet, time value of money, the banking system, savings vehicles)
- Spending (income statement, major purchases like houses or cars, taxes)
- Borrowing (credit reports and scores, collateral, mortgages, credit cards, auto loans, etc.)
- Investing (time value of money revisited, inflation, asset types, diversification, investment vehicles, smart ways to use professional help)
- Giving (charitable giving, family loans and gifts, basic estate planning concepts)
- Risk Management (life insurance, health insurance, social insurance, disability insurance, property and casualty insurance)