Financial Management for Small Business Introduction
Business15 Lessons
Understand the management process, the six steps of strategic management, SWOT analysis, strategy implementation, and how financial management supports firm decision making.
Course Outline
1
What Management Really Means2
The Six Step Management Process3
Mission and Vision4
Strategic Goals and Tactical Objectives5
Why Goals Matter6
Characteristics of Good Goals7
SWOT Analysis8
Strategy Development9
Strategy Implementation10
Evaluating Performance11
Financial Management in the Firm12
Investment Decisions13
The Time Value of Money14
Profit Versus Firm Value15
Becoming a Strategic ManagerEarn a Micro Certification
Complete all 15 lessons and quizzes to earn your certificate
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This course is adapted from educational materials written by Dr. Lindon J. Robison, Professor Emeritus of Agricultural and Resource Economics at Michigan State University. The original material is based on the open educational resource "Financial Management for Small Business". The content has been edited and condensed by 5minutelearning for microlearning delivery. Original work © Lindon J. Robison. Adaptation © 5minutelearning. Licensed under Creative Commons Attribution NonCommercial ShareAlike (CC BY-NC-SA) https://creativecommons.org/licenses/by-nc-sa/4.0/