Finance For Non Financials Make Profitable Decisions

Obtain Suplemental Skills to Get a Raise, Better Job or Improve Your Own Business

Last updated 2022-01-10 | 4.5

- Identify problems in your company
- Improve performance of your business
- Understand the economic substance of projects you are engaged in

What you'll learn

Identify problems in your company
Improve performance of your business
Understand the economic substance of projects you are engaged in
Make well-informed economic decisions
Able to weigh benefits against costs.
Understand the numbers in the financial statements of any company
Have more complete picture of your company and its competitors

* Requirements

* Passion for learning
* No prior knowledge about finance is required
* No materials required

Description

Do you want to master finance concepts without spending a lot of your time on books, web search and long-hour boring courses?

Are you a non-financial manager who wants a raise, better job or to open a new business? 

Or maybe you are a small business owner who wants to measure and improve your business performance?

You have come to the right place! 

  • It will take only 4-5 hours to complete the course 
  • 30 lectures and 2.5 hours of high quality animated video content
  • Practical exercises with explanations and quizzes
  • Discover and analyze financials of Apple, Facebook and Ford
  • Full and responsive support
  • Handouts of all course materials that make it easy to study and remember
  • 30-day money back guarantee


Jump in to this course now and I guarantee that your learning will be informative, dynamic and fun.

FREE preview of lectures 1, 2, 3, 6, 21 and 23.

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Invest your time in financial education. It will be fun, interesting and very useful.

This course is easy to understand and it's designed in explainer video format to convey financial fundamentals in a way that makes everything clear and understandable. You will receive detailed explanations, practical cases and quizzes.

Within 4-5 hours you’ll obtain all the essentials of basic finance and budgeting. It will boost your business and financial literacy, resulting in well-informed economic decisions.

The course starts by introducing accounting basics and then teaches you to understand financial statements.

Then you will learn about financial reports including the Balance Sheet, Income Statement and Cash Flow. These are the things you must know to succeed in a new business or make your current business more profitable.

We will even have fun analyzing the financial statements of corporate giants like Apple, Facebook, and Ford.

Along the way, you will learn how to make your own financial statements, create a great budget, and how to run your business. We'll even get a bit advanced and explore Zero-Based-Budgeting and Cost Management.

Who this course is for:

  • Business Owners
  • Startuppers
  • Non-Financial Executives
  • Everyone else who interested in finance and want to combine non-finance background with finance knowledge to make profitable decisions
  • This course is NOT intended for people with financial background

Course content

5 sections • 33 lectures

Course Introduction Preview 02:11

Aknowledge the course objectives, goals and structure

The Benefits of Financial Literacy Preview 02:10

Do you know the benefits of financial literacy?

Whether you are a business owner, startupper, non-financial manager or some one else the benefits of being financially literate are obvious - your decisions will be economically reasonable

What is Finance Preview 01:37

Let's discuss the substance of finance and what categories of finance are there.

Every Business Has to Account for Its Operations Preview 03:46

  • Discover why every business needs accounting and financial reporting
  • What types of reports exist
  • Dive deep into the structure of financial reports

Financial Statements: the Balance Sheet Preview 03:35

  • Learn what the Balance Sheet is and how it works
  • Discover the structure of the Balance Sheet

Business Start-Up Preview 02:25

Lets make a business start-up to see how operations are reflected in the Balance Sheet

Practical Task 1 Preview 1 page

Please download and print this task

Practical Task 1: Explanation Preview 04:29

Let's solve and discuss the first practical task

Financial Statements: the Income Statement Preview 02:37

  • Learn what the Income Statement is and how it works
  • Discover the structure of the Income Statement

Business Start-Up (continued) Preview 03:45

We continue to operate our business to discover how operations are reflected in the Income Statement

Does Profit = Money? Preview 02:58

Discover the fundamental difference between the Income Statement and the Cash Flow

Financial Statements: the Cash Flow Preview 04:32

  • Learn what the Cash Flow is and how it works
  • Discover the structure of the Cash Flow

Business Start-Up (continued) Preview 02:43

  • We make the Cash Flow for our business, and
  • See how the Balance Sheet has changed over 5 years

Practical Task 2 Preview 1 page

Please download and print this task

Practical Task 2: Explanation Preview 01:28

Let's solve and discuss the second practical task

Test 1: Accounting and Financial Statements

Test your knowledge of Accounting and Financial Statements

Financial Ratios Preview 03:14

Discover the key financial ratios that are used to analyze the company's financial performance:

  • Profit Margin
  • ROE
  • Free Cash Flow
  • Asset Turnover
  • Interest Coverage
  • Debt Ratio

Practical Task 3 Preview 3 pages

Please download and print this task

Practical Task 3: Explanation (+Business Start-Up continued) Preview 03:58

Let's solve and discuss the third practical task and analyze how our business has performed over 5 years

Lender vs. Equity Investor: Risks and Rewards Rule Preview 01:46

Compare Lender and Equity Investor to learn Risk and Reward Rule every investor should know

Analyze the Financial Statements of Apple, Facebook and Ford Preview 05:39

  • At last we can apply our knowledge to dive deep into the financials of corporate giants
  • Calculate financial ratios, analyze and make conclusion on financial health of Apple, Facebbok and Ford

More Financial Ratios Preview 01:48

Three more useful ratios:

  • Current Liquidity
  • Receivables Days
  • Payables Days

Stock Market Valuation Analysis (Apple, Facebook and Ford) Preview 03:10

  • Let's see what market tells about Apple, Facebook and Ford
  • Discover market capitalization, price-to-book and price-to-earnings ratio

Test 2: Financial Analysis

Discovering Budget: Substance and Purpose Preview 03:31

Identify what Budget is

Learn the main purposes of budget:

  • Planning
  • Control
  • Communication and Co-ordination
  • Evaluation
  • Motivation

Budget Types: Incremental, Zero-Based, Rolling Preview 05:12

There are three main types of budget:

  • Incremental
  • Zero-Based
  • Rolling

Budgeting Process: From Goal to Budget Approval Preview 08:32

Go through the budgeting process:

  1. Identify the goals of the business
  2. Identify limiting factor
  3. Prepare sales budget
  4. Prepare departmental budgets
  5. Negotiate
  6. Consolidate
  7. Approve

Budgetary Control: What To Do After the Budget is Finalized Preview 01:47

Budget at work!

Discover what to do after the budget is approved

Cost Management: Direct vs. Overhead Preview 03:00

  • Learn different types of costs: direct and overhead
  • Learn how to allocate overhead costs to recieve complete cost of a product

Cost Management: Fixed vs. Variable Preview 03:08

  • Learn different types of costs: direct and overhead
  • See the examples of direct and overhead costs
  • Discover why is it critical for any business to keep its fixed costs as low as possible

Test 3: Budgeting

Summary Preview 00:27

This course was narrated by Mike Norgaard

Take This Handout Preview 48 pages

Please download this handout and use it to make notes. Good luck!