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University of Leeds

Starting a Business 5: Managing Finances

University of Leeds via FutureLearn

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Overview

The management of finances is crucial to a successful business; financial information provides the evidence to support your decisions about a business and helps to justify those decisions when you present them to other people. Whether you have an idea for a future venture or you already have a side-line business whilst studying, this course will introduce you to key financial information and gives you a chance to discuss your ideas with others.

This course is the fifth in a series of six about ‘starting a business’.

This course is part of the Going to University collection which has been specifically designed for students at schools and colleges. They provide a taster of undergraduate study at the University of Leeds and help students to decide which subject to study at university.

Completion of the courses will also enhance students’ university applications.

The courses can also be used as a teachers’ classroom enrichment resource.

Courses in this collection are also great for people that want an introduction in the specific subjects discussed in each course.

Syllabus

  • Understanding forecasting
    • Welcome
    • The importance of financial information
    • Hannah's business challenge
    • Summary
  • Realising your vision
    • About week 2
    • Your turn
    • Your business plan
    • Summary

Taught by

Richard Tunstall

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Reviews

4.7 rating, based on 14 Class Central reviews

4.6 rating at FutureLearn based on 24 ratings

Start your review of Starting a Business 5: Managing Finances

  • Anonymous
    This course simplify the complex business finance approach. It also provides exercises that enhance the learning process. Good introductory course.
  • Anonymous
    Reall great course for me I need large capital for start my business as builder. there is no bank will give a loan without security.
  • Anonymous
    I am really thankful and I learned a lot about how managing finance so i advice student to join this course for who interest in business and want to get overall look .
  • Anonymous
    It's been 2 great weeks of learning, I must say! This is indeed a very good introductory business management course that has very useful tips. All of the presentations were simple enough to understand and it worked a great deal on me, in removing some calculation fears. Therefore, I recommend this course to everyone who is planning to start a business, as it will help to look into all the necessary areas that you need to, before starting up. Thumbs up to Futurelearn, University of Leeds.
  • Anonymous
    Good course with very useful tips to start your own Business Plan and learn the basics concepts about Finances. Thank you very much to all the team. Greetings from Venezuela.

  • Anonymous
    I learned a lot from the content presented. What was instructive was the difference between gross profit and net profit. Thanks for explaining this so well!
  • Anonymous
    This was a very easy to understand class. I realized that I will need to work on my business idea to make it profitable and sustainable

    Thank you very much
  • Anonymous

    Anonymous completed this course.

    What i liked the most about this course is the simplification in explaining this critical topic (business, finances...) that we generally get afraid of... me personally, I've always seen it as something big, numbers, calculations.. I don't know but…
  • Anonymous

    Anonymous completed this course.

    It's been a great week learning about how to manage my finances when starting my business.Also I have seen the importance of putting aside some of the net profit to put it back to the business instead of spending it all on my personal things.
  • Profile image for Ayot Adhiambo
    Ayot Adhiambo

    Ayot Adhiambo completed this course, spending 3 hours a week on it and found the course difficulty to be hard.

    It's been a great week learning about how to manage my finances when starting my business.Also I have seen the importance of putting aside some of the net profit to put it back to the business instead of spending it all on my personal things.
  • Anonymous

    Anonymous completed this course.

    This was a very helpful introductory course. It has helped to get me thinking about the financial side of setting up a new business.
  • Ashley Eidler

    Ashley Eidler completed this course.

  • Profile image for Rishabh Sharma
    Rishabh Sharma

    Rishabh Sharma completed this course.

  • Seth Rader

    Seth Rader completed this course.

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