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START-UP PROMOTION FOR ENTREPRENEURIAL RESILIENCE

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 Contents



Financial planning

1. Financial statementsClick to view
2. Financial Statement AnalysisClick to view
3. Financial Forecasting Click to view


 Keywords

financial forecasting, revenues, costs, financial statements, projections, financial analysis, ratios, break-even, Idea-intention / start-up

 Objectives/goals:

Learn financial forecasting techniques suitable for start-up businesses. Understand basic financial statements and learn how to prepare their projections. Understand principles and learn how to execute financial analysis using basic financial ratios and break-even analysis. EU entrepreneurial competencies: Planning and management, Financial and economic literacy, Mobilising resources



 Description:

Financial planning is one of the most important parts of business planning. In fact, financial sustainability is key to survival of any project. Finance is frequently one of the pains for many start-up teams. However, there are several financial planning techniques adequate for start-ups. This training fiche will introduce useful financial forecasting techniques, explain the logic of basic financial statements and their projections, and introduce basic financial analysis tools, including the break-even analysis.




 Bibliography

· Smith,J.K., Smith, R.L, Bliss,R.T. Entrepreneurial finance: Strategy, valuation & deal. Stanford University Press, 2011. ISBN 978-0-8047-7091-0.


· Alhabeeb, M.J. Entrepreneurial Finance. Fundamentals of financial planning and management for small business. Wiley 2015. ISBN 978-1-118-69151-9


· Palepu,K. G, Healy,P.M.,  Peek, E. Business analysis and valuation. Cengage learning. EMEA. 2013. ISBN 978-1-4080-5642-4.


· Brigham,D., Daves, P.: Intermediate Financial Management, 10th,edition. South-Western Cengage Learning 2010. ISBN


· https://www.vertex42.com/


· https://www.score.org/resource/financial-projections-template


· http://exceltemplates.net/tag/financial-forecast/





 Related material:

teachingnotesfichefinancialplanning.docx

 Training Fiche PPT:

PresentationFinancial_planning.ppt

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Download in pdf   Read in reader-friendly version or Download in pdf


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