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Business Foundations

Organizations, Planning, Finance

Eric Zackrison

Dive into 'Business Foundations: Organizations, Planning, Finance', this course is crafted to examine three critical pillars of business success. We've distilled complex ideas into practical, easy-to-understand lessons on strategy, finance, and organizational dynamics. This is about plotting a course for success, managing your finances smartly, and understanding the heartbeat of an organization. As we navigate through strategic planning, financial fundamentals, and the building blocks of a strong organization, you'll gain insights and tools to make informed decisions, effectively manage resources, and smoothly sail through the challenges of the business world. By combining theory with real-life examples, this course is designed to empower you and your team to navigate the business landscape with confidence and clarity.

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Dive into 'Business Foundations: Organizations, Planning, Finance', this course is crafted to examine three critical pillars of business success. We've distilled complex ideas into practical, easy-to-understand lessons on strategy, finance, and organizational dynamics. This is about plotting a course for success, managing your finances smartly, and understanding the heartbeat of an organization. As we navigate through strategic planning, financial fundamentals, and the building blocks of a strong organization, you'll gain insights and tools to make informed decisions, effectively manage resources, and smoothly sail through the challenges of the business world. By combining theory with real-life examples, this course is designed to empower you and your team to navigate the business landscape with confidence and clarity.

This course is designed for Entrepreneurs, Small Business Owners, Mid-level Managers, Aspiring Business Leaders, Management Students, and Professionals seeking to transition into business roles. These individuals are looking to enhance their strategic, financial, and organizational skills to drive business success and advance their careers.

Participants should have a basic understanding of business concepts and an interest in business strategy and finance. A willingness to learn and apply new concepts is essential, as well as basic numeracy skills to engage with financial information and strategic decision-making processes.

After completing this course, learners will be able to apply strategic thinking to define and achieve business objectives. They will identify and utilize financial information to make informed business decisions and recognize and apply organizational dynamics to enhance team performance and company culture.

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What's inside

Syllabus

Business Foundations: Organizations, Planning, Finance
Dive into 'Business Foundations: Organizations, Planning, Finance', this course is crafted to examine three critical pillars of business success. We've distilled complex ideas into practical, easy-to-understand lessons on strategy, finance, and organizational dynamics. This is about plotting a course for success, managing your finances smartly, and understanding the heartbeat of an organization.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
This course is designed for Entrepreneurs, Small Business Owners, Mid-level Managers, Aspiring Business Leaders, Management Students, and Professionals seeking to transition into business roles
Examines strategic planning, financial fundamentals, and the building blocks of a strong organization
Teaches strategic thinking to define and achieve business objectives
Develops analytical skills to identify and utilize financial information to make informed business decisions
Introduces principles of organizational dynamics to enhance team performance and company culture
Requires basic understanding of business concepts and an interest in business strategy and finance

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Business Foundations: Organizations, Planning, Finance with these activities:
Review Basic Accounting Principles
Understanding financial concepts and principles is important for business success. Weaknesses in this area will need to be shored up.
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  • Review the basic accounting equation.
  • Create a simple balance sheet and income statement.
  • Identify the different types of financial transactions.
Business Model Canvas
Create a Business Model Canvas for a new business idea or an existing business.
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  • Identify the key elements of your business model.
  • Fill out the Business Model Canvas template.
  • Share your Business Model Canvas with others for feedback.
Finance for Dummies
In the Finance for Dummies book, this book is an accessible read that outlines the role of financial professionals and offers an easy-to-understand breakdown of important financial concepts.
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  • Read the chapters on financial statements and financial analysis.
  • Complete the practice problems at the end of each chapter.
  • Discuss the concepts with a friend or colleague.
Four other activities
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Strategic Planning for Small Businesses
Review the fundamentals of strategic planning and learn how to develop a strategic plan for a small business.
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  • Watch the tutorials on strategic planning for small businesses.
  • Complete the exercises in the tutorials.
  • Develop a strategic plan for your own small business.
Financial Ratio Analysis
Practice calculating and interpreting financial ratios to assess the financial health of a company.
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  • Review the different types of financial ratios.
  • Calculate financial ratios for a sample company.
  • Interpret the financial ratios to assess the company's financial health.
Mentor a Small Business Owner
Share your knowledge and expertise with a small business owner who is looking to improve their business.
Show steps
  • Identify a small business owner who you can mentor.
  • Meet with the business owner regularly to provide guidance and support.
  • Help the business owner develop a strategic plan and financial projections.
Develop a Strategic Plan for Your Career
Career advancement is a key goal of this coursework. Creating a strategic plan is necessary for structuring and managing a successful career.
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  • Identify your career goals.
  • Research different career paths.
  • Develop a plan to achieve your career goals.

Career center

Learners who complete Business Foundations: Organizations, Planning, Finance will develop knowledge and skills that may be useful to these careers:

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