Class Overview

Funding Your Business | Seattle Central College - Continuing EducationWhat does it take to have a financially feasible business?

The short answer: Money! But where does this money come from?

Come explore your business's financial feasibility in three areas: start-up or expansion, profits, and cash.

During this course, you'll learn how to:

  • Clearly communicate your personal financial goals
  • Provide comparisons of financial potential against financial goals
  • Deliver information on how to project a business's profit potential for three years
  • Discover ways to improve your business's profitability
  • Address the topic of estimating the amount of cash needed and appropriate timing for three years
  • Evaluate potential debt and equity sources of funding
  • Provide information needed to approach potential funding sources

Join us as we learn about the different funding options available, and how to secure them to create a financially successful venture.

Course Outline

Determining your business's financial potential

  • Identifying your personal financial goals
  • Projecting how your business will help you reach your financial goals
  • Typical funding stages in business
  • Knowing where people get money to start and operate a business

Estimating the business's profit potential

  • Estimating projected sales for three years
  • Projecting expenses for three years
  • Comparing your projections to industry standards
  • Making changes to improve profitability

Projecting the business's cash flow

  • Estimating how much money is needed
  • Determining your cash sources for three years
  • Determining your cash needs for three years
  • Improving cash flow

Evaluating funding needs against potential sources

  • What debt sources are available for your needs
  • What equity sources are available for your needs
  • What the funding requirements are
  • Putting together a funding request

Learning Outcomes

At the end of this course, you will:

  • Understand your own financial goals and your business’s ability to help you reach those goals
  • Have a financial plan to build your business through internal profits
  • Be able to reveal cash needs based on a three-year estimate of cash sources and uses
  • Know how to evaluate potential cash sources to support business operations

Who Should Take this Class?

  • Non-finance professionals who would like to have a better understanding of how to fund a business
  • Small business owners looking for guidance on identifying and securing outside funding
  • Anyone interested in our Entrepreneurial Finance Certificate program

Session Details

  • Class ID: 5937
  • Instructor: Jodie Trana
  • When:
    • Spring 2018 Session: 6/4/18 - 6/29/18
    • Summer 2018 Session: 8/6/18 - 8/31/18
  • Total Number of Hours: 16
  • Where: Online
  • Fee: $195
  • Additional Notes: This course is also part of our Entrepreneurial Finance Certificate program.