Entrepreneurial Finance Course

GHS 1,599

(92 reviews)

Duration: 12 weeks

Format: Online with weekly live sessions

Level: Intermediate

Language: English

Certificate: Yes, upon completion

Course Overview

The Entrepreneurial Finance Course is specifically designed for current and aspiring business owners in Ghana who need to master the financial aspects of running a successful enterprise. This comprehensive program addresses the unique challenges and opportunities of Ghana's business environment while providing universal financial management principles essential for entrepreneurial success.

What You'll Learn

Develop and interpret financial statements specific to your business
Create realistic financial projections and budgets in Ghana's economic context
Understand key financial metrics and ratios for business performance
Master cash flow management to ensure business sustainability
Learn funding options available to Ghanaian entrepreneurs and how to access them
Develop effective pricing strategies for your products or services
Understand Ghana's business taxation system and optimize your tax strategy
Implement financial controls to prevent fraud and financial mismanagement
Create financial strategies for business growth and expansion

Course Materials Include

Comprehensive business financial management workbook
Financial projection templates customized for Ghanaian businesses
Cash flow management tools and spreadsheets
Funding proposal templates
Business financial health assessment tools
Business tax planning guide for Ghana
Certificate of completion

Who Should Take This Course

This course is ideal for:

Entrepreneurs planning to start a business in Ghana
Current business owners looking to improve financial management
Small business managers responsible for financial decisions
Professionals transitioning to entrepreneurship
Business owners preparing for growth or funding rounds

Course Curriculum

Module 1: Business Financial Fundamentals

Key financial principles for entrepreneurs
Understanding the language of business finance
Separating personal and business finances
Financial goal setting for your business

Module 2: Financial Statements for Entrepreneurs

Creating and understanding profit and loss statements
Developing and analyzing balance sheets
Cash flow statements for small businesses
Statement of changes in equity

Module 3: Business Financial Analysis

Key performance indicators for small businesses
Financial ratio analysis for decision making
Trend analysis and benchmarking
Using financial analysis to identify problems and opportunities

Module 4: Cash Flow Management

Understanding the cash conversion cycle
Cash flow forecasting techniques
Strategies for improving cash flow
Managing working capital effectively
Dealing with Ghana's specific cash flow challenges

Module 5: Business Funding in Ghana

Overview of funding options for Ghanaian entrepreneurs
Traditional bank financing and requirements
Microfinance and small business loans
Angel investors and venture capital in Ghana
Government funding programs and grants
Alternative funding methods: crowdfunding, peer-to-peer lending

Module 6: Preparing for Funding

Creating compelling financial projections
Developing a business plan with strong financials
Valuation methods for small businesses
Pitching to investors: financial aspects
Due diligence preparation

Module 7: Pricing Strategies for Profitability

Cost-based pricing approaches
Value-based pricing strategies
Competitive pricing considerations in Ghana
Price elasticity and market positioning
Dynamic pricing and promotional strategies

Module 8: Business Taxation in Ghana

Ghana's business tax framework
Tax obligations for different business structures
Value Added Tax (VAT) management
Tax compliance and reporting
Tax planning and optimization strategies

Module 9: Financial Controls and Risk Management

Internal financial controls for small businesses
Fraud prevention strategies
Managing financial risks
Insurance considerations for Ghanaian businesses
Business continuity planning

Module 10: Financial Technology for Small Businesses

Accounting and bookkeeping software options
Mobile money integration for businesses
Digital payment solutions
Financial management apps and tools
Technology for financial reporting and analysis

Module 11: Financial Strategies for Growth

Financing business expansion
Managing rapid growth financially
Mergers, acquisitions, and partnerships
International expansion considerations
Exit strategies and succession planning

Module 12: Creating Your Business Financial Plan

Developing a comprehensive financial strategy
Setting financial milestones and metrics
Implementation planning and prioritization
Financial review and adjustment procedures
Building your financial management system

Student Reviews

4.8 /5

Based on 92 reviews

Benjamin O. April 20, 2024

I've run my small retail business in Accra for three years, but always struggled with the financial aspects. This course transformed how I manage my business finances. The cash flow management module alone saved my business during a difficult period, and I've now secured a bank loan using the funding proposal techniques taught in the course.

Gloria K. March 12, 2024

As a tech startup founder in Ghana, I was good at product development but clueless about financial management. This course filled that critical knowledge gap. The section on Ghanaian business taxation was especially valuable - I had no idea about the tax incentives available to tech businesses in Ghana! I've now implemented proper financial controls and can make data-driven decisions.

Kofi D. February 5, 2024

This course completely changed my approach to my agricultural business. I never realized how improper pricing was hurting my profitability. Using the strategies I learned, I've revised my pricing structure and improved my margins significantly. The financial projections templates are now an essential part of my planning process, and I've used them to secure funding for expansion.

About Your Instructor

Mrs. Akosua Frimpong

Business Finance Expert & Entrepreneurship Consultant

Mrs. Frimpong brings over 15 years of experience in entrepreneurial finance and small business development. She holds an MBA in Entrepreneurship and is a Certified Management Accountant with specialized training in small business finance.

Throughout her career, she has advised hundreds of Ghanaian entrepreneurs on financial strategy and business growth. As a former business owner herself, she understands the unique challenges facing entrepreneurs in Ghana. Her practical, solutions-oriented approach has helped businesses across various sectors improve their financial management and achieve sustainable growth.

Credentials

MBA in Entrepreneurship, GIMPA Business School
Certified Management Accountant (CMA)
Former CFO of three successful Ghanaian startups
Business advisor for Ghana's National Entrepreneurship Program
Author of "Financial Success for African Entrepreneurs"
Guest lecturer at University of Ghana Business School