Practical Finance for Entrepreneurial Creatives

Practical Finance for Entrepreneurial Creatives Ever dream of running your own business? You’ll need a solid idea, of course. Plus, enthusiasm, energy, perseverance...and financial know-how. In this one-of-a-kind course designed for non-business majors with entrepreneurial aspirations, you will learn how the personal is truly the foundation for the professional—how the same principles that govern good personal financial management are directly applicable to and a critical success factor for whatever entrepreneurial venture you may have in mind. Beginning with the personal financial management-side of the equation, the course videos will take you behind the financial institutional scene to show you how to: Develop personal and household budgets and manage cash flow Acquire, manage and protect consumer credit products including loans, leases, credit and debit card transactions Develop saving and investment strategies and plan for housing and auto purchases, rentals and leases Evaluate personal, property and healthcare insurance products and overcoming financial adversity With that solid foundation laid, you will then see how the fundamental concepts of personal financial management translate into an entrepreneurial setting as you learn how to: Assess a venture’s feasibility and the entrepreneur’s ability to properly guide its development Select the right legal, accounting, and talent management representation and support, and developing and monitoring business, strategic and operating plans and budgets for businesses and freelance activities Manage risks, optimizing organizational designs and safeguarding intellectual property Arrange for the right type of financing and investment capital for your venture, addressing the unique challenges of and negotiating practical solutions to financial adversity and reaping the financial harvest: selling, liquidating and transferring ownership interests Develop a draft business plan for the venture you have in mind T