Welcome to the module on Business Financing and Financial Planning The module will introduce participants to the basic financing for a business as well as other important financing aspects such as Costing and Pricing as well as Cash Flow/Profit and Loss.
Most small businesses do not know when they are making a profit or running at a loss. This is simply because they do not prepare, read, understand, or analyze their profit & loss account. They think this document is required mainly by big companies and it is not necessary for small businesses. Also, one of the most common mistakes small business owners make is either pricing their products and services too high or too low.
The purpose of this module is to ensure that participants(aspiring and existing entrepreneurs) understand the basic financing in business as well as to cost and price their products and calculate their break-even correctly and cash flow management.
I, therefore, invite you to join the discussion to learn more by participating actively