FINA1063 - Financial Management of a Microenterprise

Administration

Description

Description

This course will allow the student to learn financial management of a microenterprise.

Objectifs

Know the required techniques for budgeting
Understand the importance of a budget in the operation of a company
Understand the importance of long-term financial planning
Understand the benefits of maintaining well-organized bookkeeping and using the advice of an accountant
Know different sources of funding
Understand the requirements related to loan applications
Assess the financial health of the company
Prepare a recovery plan
Know how to get paid by one's customers
Know the company's obligations regarding taxes, wages and payroll deductions
Know about legal regulations and documentation related to salaries and payroll employees

Aperçu du contenu

Budget: importance, development and support services
Long-term financial planning
Bookkeeping and services
Sources of funding and requirements related to loan applications
Company financial health analysis and recovery plan
Strategies to facilitate the payment by customers
Taxes: obligations, responsibilities and documentation
Wages and deductions: obligations, responsibilities and documentation

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