Hi! Welcome to the introduction of the financial management module.
Although financial management and -numbers might not be the first love of a social entrepreneur, they are part of the game and can provide the entrepreneur with lots of necessary data to evaluate and navigate the business. We did our best to stick to the essentials and not overload you with details, but give you the structure and knowledge needed to follow up on the financial side of your business.
Let’s give an overview of how this module is structured. We follow the financial management structure which relies on three basic financial documents:
In this course we will explain which information these documents hold for you, and how you can interpret them.
There is one concept we want to share with you before starting the learning: How financial management is embedded in and relates to all kind of management needed to run a business.
We keep repeating: Enjoy!