Intended for entrepreneurs unfamiliar with business financial management, Business Finances 1 introduces its key terms and concepts in everyday language.

During this course, you will:

• Develop an understanding of basic business financial terms, such as profit, cash flow, and gross margin.
• Work with basic financial statements, including income statements, balance sheets, and cash flow statements.
• Define the common business expenses at both the startup and operating stages.
• Calculate gross margins, breakeven points, and profit goals using a case study business.

This course is the fourth module in the NYC Department of Small Business Services (SBS) five-course Introduction to Entrepreneurship series. If you are a pre-startup, we recommend that you complete the first three modules in this series — “First Step to Starting a Business,” “Creating a Business Idea that Works,” and “Building Your Business Operations” — before taking this course.

Time: 1:00-3:30

Free!

Registration