FNCE-3014Small Business Finance
The student will learn basic financial concepts that help managers and entrepreneurs make sound decisions in start-ups, and small to medium sized business. The course focuses on finance fundamentals, such as financial ratios, sources of financing for specific purposes and their associated costs, cash flow, taxation and working capital management. The student will explore concepts of cash management services and products, components of the cash conversion cycle, and financing options. The concept of risk versus reward will be emphasized with a focus on overall costs and returns to a business.