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Course Description

Once you've gained a certain comfort level with financial statements and ratios, let's consider how you can use financial data to support a business plan. Whether it's a proposal for a new healthcare business or just the possible addition of a new service, you and your colleagues will need to back up your ideas with well-formed financial estimates. After providing a framework you can use when creating a business plan, this lesson focuses on the financial portion of such a plan. What should you include? How do you estimate expected income and expenses? What's the significance of the break-even point? You will discover answers to these questions and then have an opportunity to practice making financial projections as you work on the final activity in this lesson.

Benefits to the Learner

  • Explore the ten key elements of an effective business plan
  • Distinguish between a business plan and a business case
  • Investigate how to use financial data to build a business plan
  • Review and develop financial projections in support of business initiatives
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Type
self-paced (non-instructor led)
Dates
Jul 27, 2021 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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