Опис курсу

The course “Small Business Financial Management” explores the essence and fundamentals of managing small business finances. It is aimed at mastering the basics of business finance, the general principles of financial management that determine business success, and developing an understanding of key performance indicators of small business operations, their analysis, and interpretation for making sound managerial decisions.

Studying this course provides insights into how to calculate expenses, profitability, and risks at the start of a business project, perform the necessary financial calculations to attract funding, and ensure the effective implementation of a business idea.

The purpose of the course is to acquire the essential theoretical foundations, methodological approaches, and practical skills for building a system of financial mechanisms for the formation and use of financial resources in small businesses, taking into account their specific features.

The objectives of the course “Small Business Financial Management” include:

• mastering theoretical knowledge of small business finance;
• developing the ability to design a business model and structure financial information for business needs;
• understanding the key principles of attracting, forming, and efficiently using financial resources;
• acquiring the ability to identify and manage entrepreneurial risks;
• developing skills to calculate key financial and economic performance indicators of a business entity, draw conclusions, and apply the information obtained to make well-grounded management decisions.