BA 216 Small Business Financial Management

1. Explain the basic financial structures, financial operations, financial systems, and financial responsibilities of a small business.
2. Evaluate the financial, tax, and funding alternatives of various organizational structures.
3. Identify finance related resources available to the entrepreneur or small business owner. 
4. Describe the financial information and reporting necessary for a small business and the use of this information to make small business financial decisions. 
5. Develop a comprehensive financial plan for a start-up and a continuing small business company. 

• Organizational Structures of Businesses
  • Overview of structures
  • Funding opportunities
  • Tax considerations
• Financial Resources, Activities, Systems, and Operations
  • Banking resources and activities
  • Tax activities
  • Insurance options
  • Financial record keeping
  • Accounting options
  • Resources for small business enterprises
• Financial Responsibilities
  • Reporting, taxes, meeting deadlines
  • Obligations and financial responsibilities for employees, investors and vendors
  • Securing business assets
• Financial Reporting and Data Outcomes
  • Ethical reporting standards
  • Meeting reporting deadline
  • Management and data reports of outcomes of operations
• Funding the Start-up or Small business
  • Avenues available to various organizational structures
  • Private vs public funding
  • Funding sources for non-profit companies
  • Debt vs equity
  • Crowding funding options
• Financial Planning
  • Plan components, financial statements, cash flow budget, breakeven
  • Plan templates
  • Plans for start-up and continuing operations
  • Decision making and planning for adjustments of future activities