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LinkedIn Learning

Finance Essentials for Small Business

via LinkedIn Learning


Manage your small business successfully with these finance essentials from accounting professors Jim and Kay Stice.


  • Five characteristics of businesses that fail
  • What you should know
1. Growing Your Business
  • All businesses start small
2. Determining Your Capital Needs
  • Startup financial needs
  • Insufficient capital
3. Cash Management Basics
  • Managing cash on the beach
  • Prepare a cash forecast
  • Estimating the number of customers
  • Cash flow example
4. The Need for Record Keeping and Controls
  • Poor bookkeeping impacts profits
  • Record keeping
  • Using controls to safeguard info and track business activity
5. Pricing Products Properly
  • Pricing a consulting job
  • Product pricing
6. Controlling Growth
  • The USFL
  • Managing growth
  • The lost farm
  • Next steps

Taught by

Jim Stice and Kay Stice


4.7 rating at LinkedIn Learning based on 801 ratings

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