The course covers the financial aspects of small
business entrepreneurship for owners of sole proprietorships, partnerships, and
small nonpublic corporations. We cover (in varying degree) the
following topics: economic concepts of finance, management functions, business
organizations and ownership, elements of a business plan, problems with
financial statements, vertical analysis, horizontal analysis, ratio analysis,
profitability, bankruptcy, break-even analysis, forecasting, pro forma
financial statements, current working capital management, effective rate of
return, time value of money, techniques of capital budgeting, risk management,
investment strategies, pension planning, and estate planning.
- Teacher: Edel Lemus