Cmty Dev & Apld Econ: Fin Mgmt: Comm Entrepreneurs

Understanding and creating business and personal financial records for entrepreneurs including applications common to entrepreneurial business practices using contemporary financial software. Prerequisite: CDAE 2660 or Instructor permission; must take lab.

Prereqs enforced by the system: CDAE 2660 or instructor permission required Open to degree and PACE students

This course is designed to equip community entrepreneurs with the essential financial management skills needed to successfully run and grow their businesses. Students will learn the fundamentals of financial planning, budgeting, and financial analysis, with a focus on practical applications tailored to small and community-based enterprises. Key topics include financial statement preparation and interpretation, cash flow management, funding strategies, and financial decision-making. The course emphasizes the importance of financial literacy in achieving business sustainability and growth, providing students with the tools to make informed financial decisions.

Understand the principles of financial management and their application to community enterprises. Develop skills in financial planning, budgeting, and forecasting. Prepare and analyze financial statements to assess business performance. Manage cash flow effectively to ensure business liquidity and solvency. Explore various funding options and strategies for community businesses. Make informed financial decisions to support business growth and sustainability.